Michigan State Housing Development Authority Agenda Packet 2026-05-21
Newmark Valuation and Advisory contract extended for market studies
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Description
MSHDA plans to extend Newmark Valuation and Advisory’s market study contract for a further year starting June 1, 2026 to support evaluation of Authority-financed housing projects. Costs will be borne by developer applicants through standard fees.
Contract Details
Contract Amount
$8,000 for a full study; $3,850 for a reduced scope study; $2,000 for a market study update (paid by developers per assignment)
Vendor
NEWMARK VALUATION AND ADVISORY
Agency
Michigan state Housing Development Authority, MI
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 21, 2026
Contract Term
Twelve-month extension beginning on or about June 1, 2026 and expiring on or about May 31, 2027
Renewal Date
2027-05-31
Renewal Info
One-year extension to the current contract with an additional one-year option available.
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Related Contracts
Issuing Agency
Michigan state Housing Development Authority
Local Housing Authority
Lansing, MI
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Michigan State Housing Development Authority Agenda Packet 2026-05-21
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