CONTRACTAPPROVED

City of Pontiac Awards Professional Services Contract to VENTURE (May 2026)

City of Pontiac logoCity of Pontiac
Disclosed value
Not to exceed $400,000 in HOME Program funds plus $100,000 CHDO match
From agendapacket
Approved
May 12, 2026

The 30-second brief

What it covers

Pontiac City Council approved a contract with Venture, as a Community Housing Development Organization, to develop and sell a HOME-assisted single-family home using up to $400,000 in HOME funds. Venture must contribute at least $100,000 in matching resources and manage acquisition, construction, and sale to an eligible buyer.

Who holds it

VENTURE holds this professional services contract with City of Pontiac. Its other public contracts on record include work for Town of Sterling and Town of Roslyn.

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Contract details

Contract type
Professional Services
Amount
Not to exceed $400,000 in HOME Program funds plus $100,000 CHDO match
Document date
May 12, 2026
Vendor
VENTURE
Source document
Pontiac City Council Agenda Packet 2026-05-12 (AgendaPacket)

VENTURE's other public contracts

More City of Pontiac contracts

Questions about this contract

Who was awarded the professional services contract by City of Pontiac?

VENTURE was awarded this professional services contract by City of Pontiac, as recorded on May 12, 2026. The contract value is Not to exceed $400,000 in HOME Program funds plus $100,000 CHDO match.

How much is the VENTURE contract with City of Pontiac worth?

The VENTURE contract with City of Pontiac is valued at Not to exceed $400,000 in HOME Program funds plus $100,000 CHDO match, covering professional services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Pontiac City Council Agenda Packet 2026-05-12 (AgendaPacket), dated May 12, 2026 from City of Pontiac. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does VENTURE hold?

VENTURE 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 City of Pontiac currently buying?

Explore City of Pontiac's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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