CONTRACTPENDING

LV Collective Proffers $4.1M in Funds and Infrastructure for 801 N. Main Rezoning

Virginia village logoVirginia village
Disclosed value
$1,138,500.00 contribution to Affordable Housing Development Fund plus an estimated $3 million in public infrastructure investment (onsite stormwater management improvements), total public benefit cost of $4,138,500
From report
Document date
Dec 12, 2024

The 30-second brief

What it covers

The Town of Blacksburg is reviewing a proffer from LV Collective for the 801 N. Main St. housing project, involving a $1,138,500 contribution to the Affordable Housing Development Fund and an estimated $3 million for onsite stormwater management improvements. The total public benefit package is valued at approximately $4.14 million and is tied to rezoning approval.

Who holds it

Lv Collective holds this contract with Virginia village. Its other public contracts on record include work for City of Charlottesville and City of West Lafayette.

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Contract details

Amount
$1,138,500.00 contribution to Affordable Housing Development Fund plus an estimated $3 million in public infrastructure investment (onsite stormwater management improvements), total public benefit cost of $4,138,500
Document date
December 12, 2024
Source document
virginia-village-report-2024-12-12_46f.pdf (Report)

Lv Collective's other public contracts

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Questions about this contract

Who was awarded the government contract by Virginia village?

Lv Collective was awarded this government contract by Virginia village, as recorded on December 12, 2024. The contract value is $1,138,500.00 contribution to Affordable Housing Development Fund plus an estimated $3 million in public infrastructure investment (onsite stormwater management improvements), total public benefit cost of $4,138,500.

How much is the Lv Collective contract with Virginia village worth?

The Lv Collective contract with Virginia village is valued at $1,138,500.00 contribution to Affordable Housing Development Fund plus an estimated $3 million in public infrastructure investment (onsite stormwater management improvements), total public benefit cost of $4,138,500.

What type of contract is this?

This is a government contract, documented as a report record.

Where was this contract approved?

This contract appears in virginia-village-report-2024-12-12_46f.pdf (Report), dated December 12, 2024 from Virginia village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lv Collective hold?

Lv Collective 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 Virginia village currently buying?

Explore Virginia village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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