FINANCIAL_SERVICESAPPROVED

Town of Flint charter Awards Financial Services Contract to Michigan Housing Partnership Llc (July 2026)

Michigan Housing Partnership, LLC entered into a Brownfield Development and Reimbursement Agreement with the Flint Township Brownfield Redevelopment Authority to support the $72 million Amber’s Wheat housing project. The agreement funds eligible site and infrastructure work, financing costs, and an affordability gap through tax increment revenues over the project’s build-out period.

Status
APPROVED
Document date
July 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Michigan Housing Partnership Llc
Agency
Town of Flint charter · MI

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TerraCycle logo
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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
Total capital investment approximately $72,000,000; eligible brownfield activities estimated at $32,889,490 plus up to $13,257,162 interest and $13,862,700 housing subsidy
Contract type
FINANCIAL_SERVICES
Contract term
Construction expected 2026 through end of 2032; affordability period of 10 years for income-restricted units; tax capture period extends until eligible costs, interest, and set-asides are reimbursed
Renewal date
2042-12-31
Renewal
Income-restricted units must remain affordable for at least 10 years from each unit’s occupancy, and tax capture continues until all eligible costs, interest, and designated funds are reimbursed; any extension would require amendment of the Brownfield Plan and agreement.
Document type
AgendaPacket
Source document
Charter Township of Flint Economic Development Corporation AgendaPacket 2026-07-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Flint charter?

Michigan Housing Partnership Llc was awarded this financial services contract by Town of Flint charter, as recorded on July 8, 2026. The contract value is Total capital investment approximately $72,000,000; eligible brownfield activities estimated at $32,889,490 plus up to $13,257,162 interest and $13,862,700 housing subsidy.

How much is the Michigan Housing Partnership Llc contract with Town of Flint charter worth?

The Michigan Housing Partnership Llc contract with Town of Flint charter is valued at Total capital investment approximately $72,000,000; eligible brownfield activities estimated at $32,889,490 plus up to $13,257,162 interest and $13,862,700 housing subsidy, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Charter Township of Flint Economic Development Corporation AgendaPacket 2026-07-08 (AgendaPacket), dated July 8, 2026 from Town of Flint charter. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Michigan Housing Partnership Llc hold?

Michigan Housing Partnership Llc 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 Michigan Housing Partnership Llc's profile

What is Town of Flint charter currently buying?

Explore Town of Flint charter's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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