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gaithersburg_financial_empowerment_center_year_3_a.pdf

Gaithersburg contracts HIP to run FEC counseling

City of GaithersburgHOUSING INITIATIVE PARTNERSHIPOctober 1, 2025

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

Description

The City of Gaithersburg contracted with local non-profit Housing Initiative Partnership (HIP) beginning in spring 2022 to operate the Financial Empowerment Center’s professional financial counseling services during a three-year start-up phase. HIP provided free one-on-one counseling to City and non-City residents using non-City funds, positioning the Center for a subsequent focus on City residents and employees.

Contract Details

Vendor

HOUSING INITIATIVE PARTNERSHIP

Agency

City of Gaithersburg, MD

Contract Type

PROFESSIONAL_SERVICES

Document Date

October 1, 2025

Contract Term

Spring 2022 – June 30, 2025 (three-year start-up phase)

Renewal Date

2025-06-30

Renewal Info

Initial three-year start-up services contract from spring 2022 through June 30, 2025; report does not state whether the contract was renewed or replaced after the scope narrowed to City residents and employees on July 1, 2025.

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