CONTRACTONGOING

Cinnaire provides LIHTC equity for 3rd Avenue Flats

Minnesota Housing Finance Agency | State of Minnesota logoMinnesota Housing Finance Agency | State of Minnesota
Disclosed value
HTC equity proceeds estimated at $4,970,564 from approximately $607,338 annual 4% Housing Tax Credits
From agendapacket
Document date
Feb 26, 2026
Renews
Free account

The 30-second brief

What it covers

Cinnaire will invest approximately $4.97 million in Housing Tax Credit equity to support the 3rd Avenue Flats affordable housing development in Dilworth. The equity is based on 4% credits and tied to a 50-year Land Use Restrictive Agreement governing long-term affordability.

Who holds it

CINNAIRE holds this financial services contract with Minnesota Housing Finance Agency | State of Minnesota. Its other public contracts on record include work for La Crosse Housing Authority and Lafayette County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Minnesota Housing Finance Agency | State of Minnesota contract.

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Contract details

Contract type
Financial Services
Amount
HTC equity proceeds estimated at $4,970,564 from approximately $607,338 annual 4% Housing Tax Credits
Document date
February 26, 2026
Term
Land Use Restrictive Agreement term of 50 years
Renews
Free account
Vendor
CINNAIRE
Source document
Minnesota Housing AgendaPacket 3rd Avenue Flats 2026-02-26 (AgendaPacket)

CINNAIRE's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Minnesota Housing Finance Agency | State of Minnesota?

CINNAIRE was awarded this financial services contract by Minnesota Housing Finance Agency | State of Minnesota, as recorded on February 26, 2026. The contract value is HTC equity proceeds estimated at $4,970,564 from approximately $607,338 annual 4% Housing Tax Credits.

How much is the CINNAIRE contract with Minnesota Housing Finance Agency | State of Minnesota worth?

The CINNAIRE contract with Minnesota Housing Finance Agency | State of Minnesota is valued at HTC equity proceeds estimated at $4,970,564 from approximately $607,338 annual 4% Housing Tax Credits, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Minnesota Housing AgendaPacket 3rd Avenue Flats 2026-02-26 (AgendaPacket), dated February 26, 2026 from Minnesota Housing Finance Agency | State of Minnesota. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does CINNAIRE hold?

CINNAIRE 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 Housing Finance Agency | State of Minnesota currently buying?

Explore Minnesota Housing Finance Agency | State of Minnesota's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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