Pontiac City Council Agenda Packet 2026-05-12
City okays HOME housing contract with Venture
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Description
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.
Contract Details
Contract Amount
Not to exceed $400,000 in HOME Program funds plus $100,000 CHDO match
Vendor
VENTURE
Agency
City of Pontiac, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 12, 2026
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