Gaithersburg contracts HIP to run FEC counseling
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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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