CONTRACTAPPROVED

South Dakota Housing Development Authority Awards Financial Services Contract to Citibank NA (October 2026)

South Dakota Housing Development Authority logoSouth Dakota Housing Development Authority
Disclosed value
$33,000,000 aggregate principal amount stated in the resolution title; Governmental Note not to exceed $28,000,000 in the resolution text
From minutes
Approved
Oct 13, 2026
Term
Matures no later than December 31, 2067
Renews
Free account

The 30-second brief

What it covers

The South Dakota Housing Development Authority granted preliminary approval for financing involving Citibank, N.A. as initial funding lender for a multifamily housing project. The resolution title references up to $33 million, while the operative financing provisions cap the Governmental Note at $28 million.

Who holds it

Citibank NA holds this financial services contract with South Dakota Housing Development Authority. Its other public contracts on record include work for Douglas County and Placer Mosquito & Vector Control District.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every South Dakota Housing Development Authority contract.

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Contract details

Contract type
Financial Services
Amount
$33,000,000 aggregate principal amount stated in the resolution title; Governmental Note not to exceed $28,000,000 in the resolution text
Document date
October 13, 2026
Term
Matures no later than December 31, 2067
Renews
Free account
Source document
South Dakota Housing Development Authority Minutes Board of Commissioners Meeting 2026-10-13 (Minutes)

Citibank NA's other public contracts

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Questions about this contract

Who was awarded the financial services contract by South Dakota Housing Development Authority?

Citibank NA was awarded this financial services contract by South Dakota Housing Development Authority, as recorded on October 13, 2026. The contract value is $33,000,000 aggregate principal amount stated in the resolution title; Governmental Note not to exceed $28,000,000 in the resolution text.

How much is the Citibank NA contract with South Dakota Housing Development Authority worth?

The Citibank NA contract with South Dakota Housing Development Authority is valued at $33,000,000 aggregate principal amount stated in the resolution title; Governmental Note not to exceed $28,000,000 in the resolution text, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in South Dakota Housing Development Authority Minutes Board of Commissioners Meeting 2026-10-13 (Minutes), dated October 13, 2026 from South Dakota Housing Development Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Citibank NA hold?

Citibank NA 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 South Dakota Housing Development Authority currently buying?

Explore South Dakota Housing Development Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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