May 29, 2020

HIA Update-May 29, 2020

HIA Construction Loan

We are working to finalize the loan agreement with Western Alliance Bank for the construction loan and additional Association loan.  The City’s take-out commitment document has been approved by Western Alliance Bank so the Ci...

May 22, 2020

HIA Update-May 22, 2020

HIA Construction Loan

We are working to finalize the loan agreement with Western Alliance Bank for the construction loan and additional Association loan.  The City’s take-out commitment document is being finalized for the Bank so that we can close...

May 14, 2020

HIA UPDATE –May 14, 2020

HIA Construction Loan

We are working at this time to finalize the loan agreement with Western Alliance Bank so that the City is able to sign off on the construction loan and we can begin drawing from the construction loan to fund the ongoing work...

May 8, 2020

HIA UPDATE –May 8, 2020

Summit House HIA Project-APPROVED

The City of Minneapolis held a Virtual Public Hearing on Wednesday, May 6th. The 11 council members present for the meeting unanimously approved the Project.  The full City Council approved the HIA project for Sum...

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