MnCIFA Recommends Rescinding Neighborhood Development Center Loan
Minnesota Climate Innovation Finance Authority | State of MinnesotaState · St. Paul, MN- Disclosed value
- $3M loan
- From minutes
- Document date
- Aug 12, 2026
- Renews
- Free account
The 30-second brief
MnCIFA’s Credit Committee unanimously recommended rescinding Neighborhood Development Center’s previously approved $3M loan for solar and geothermal HVAC work at its Lake and Chicago Innovation Center. The committee said new underwriting would be conducted when the project is ready to proceed, with financing targeted for March 2027.
Neighborhood Development Center holds this financial services contract with Minnesota Climate Innovation Finance Authority | State of Minnesota. Its other public contracts on record include work for Hennepin County.
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Contract details
- Contract type
- Financial Services
- Amount
- $3M loan
- Document date
- August 12, 2026
- Renews
- Free account
- Source document
- Climate Innovation Finance Authority Minutes Credit Committee Meeting 2026-08-12 (Minutes)
Neighborhood Development Center's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Minnesota Climate Innovation Finance Authority | State of Minnesota?
Neighborhood Development Center was awarded this financial services contract by Minnesota Climate Innovation Finance Authority | State of Minnesota, as recorded on August 12, 2026. The contract value is $3M loan.
How much is the Neighborhood Development Center contract with Minnesota Climate Innovation Finance Authority | State of Minnesota worth?
The Neighborhood Development Center contract with Minnesota Climate Innovation Finance Authority | State of Minnesota is valued at $3M loan, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Climate Innovation Finance Authority Minutes Credit Committee Meeting 2026-08-12 (Minutes), dated August 12, 2026 from Minnesota Climate Innovation Finance Authority | State of Minnesota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Neighborhood Development Center hold?
Neighborhood Development Center may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Minnesota Climate Innovation Finance Authority | State of Minnesota currently buying?
Explore Minnesota Climate Innovation Finance Authority | State of Minnesota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.