SSRP Sub-Grant Agreement with The Right Place for Covenant Business Park
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Description
Lowell Charter Township and the City of Lowell are entering into a Strategic Site Readiness Program Sub-Grant Agreement with The Right Place, Inc. for up to $16,975,000.00 in pass-through state grant funds. The sub-grant will finance eligible infrastructure improvements to support development of the Covenant Business Park.
Contract Details
Contract Amount
Up to $16,975,000.00 (Maximum Sub-Grant)
Vendor
RIGHT PLACE INC
Agency
Town of Lowell charter, MI
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Through the term of the SSRP Sub-Grant Agreement (exact end date not stated)
Renewal Info
Sub-grant is governed by the term and conditions of the underlying MSF SSRP Grant Agreement; no explicit renewal options are stated in the excerpt.
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