Civic IQ
CONSTRUCTIONRECOMMENDED

HRA to Negotiate $2.3M GAIN Loan with Bigelow Homes

HRA staff recommended negotiating a $2.3 million zero‑interest revolving construction and infrastructure loan with Bigelow Homes to build 21 single‑family homes in Pine Prairie 4th Addition in Pine Island. Loan proceeds would revolve as homes sell, with full repayment to support future GAIN projects.

Document date · August 5, 2026

Issuing agencyOlmsted CountyVendorBigelow Homes

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,300,000
Contract type
CONSTRUCTION
Contract term
Estimated 12–18 months for construction and sales cycle
Renewal
This is a proposed new development agreement structured as a revolving 0% construction loan; no renewals identified. Final terms, including repayment schedule and any extensions, will be set in the development agreement returned to the Board.
Document type
AgendaPacket
Source document
Olmsted County Housing & Redevelopment Authority Agenda Packet 2026-08-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Olmsted County?

Bigelow Homes was awarded this construction contract by Olmsted County, as recorded on August 5, 2026. The contract value is $2,300,000.

How much is the Bigelow Homes contract with Olmsted County worth?

The Bigelow Homes contract with Olmsted County is valued at $2,300,000, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Olmsted County Housing & Redevelopment Authority Agenda Packet 2026-08-05 (AgendaPacket), dated August 5, 2026 from Olmsted County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bigelow Homes hold?

Bigelow Homes may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Bigelow Homes's profile

What is Olmsted County currently buying?

Explore Olmsted County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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