City of Lansing Awards Reinvestment Housing Incentive District Contract to Ad Astra Development (February 2025)
City of LansingCity · Lansing, KS- Disclosed value
- $25 million
- From meeting minutes
- Approved
- Feb 6, 2025
- Term
- 20 years
The 30-second brief
City approved a 20-year Reinvestment Housing Incentive District (RHID) for Ad Astra Development LLC to support a 412-lot residential subdivision, Riverbend Heights. The RHID is expected to result in $25 million of infrastructure investment.
Ad Astra Development holds this reinvestment housing incentive district contract with City of Lansing.
Term as filed: 20 years.
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Contract details
- Contract type
- Reinvestment Housing Incentive District
- Amount
- $25 million
- Document date
- February 6, 2025
- Term
- 20 years
- Vendor
- Ad Astra Development
- Agency
- City of Lansing
- Source document
- city-of-lansing-meeting-minutes-2025-02-06_dab.pdf (Meeting Minutes)
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Questions about this contract
Who was awarded the reinvestment housing incentive district contract by City of Lansing?
Ad Astra Development was awarded this reinvestment housing incentive district contract by City of Lansing, as recorded on February 6, 2025. The contract value is $25 million.
How much is the Ad Astra Development contract with City of Lansing worth?
The Ad Astra Development contract with City of Lansing is valued at $25 million, covering reinvestment housing incentive district work.
What type of contract is this?
This is a Reinvestment Housing Incentive District contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-lansing-meeting-minutes-2025-02-06_dab.pdf (Meeting Minutes), dated February 6, 2025 from City of Lansing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ad Astra Development hold?
Ad Astra Development 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 Lansing currently buying?
Explore City of Lansing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.