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Private Sale/Redevelopment Approved for Affordable Homes

City of Newark logoCity of Newark
Disclosed value
$39,960.00
From agenda
Document date
Oct 18, 2023

The 30-second brief

What it covers

Authorizing the private sale/redevelopment to develop two (2) affordable two-family luxury homes. To commence within three (3) months and be completed within eighteen (18) months following transfer of property ownership from the City to the Redeveloper. Sale Amount: $39,960.00

Who holds it

Vision Investment Group holds this private sale/redevelopment contract with City of Newark. Its other public contracts on record include work for Town of Irvington.

What happens next

Term as filed: To commence within three (3) months and be completed within eighteen (18) months following transfer of property ownership from the City to the Redeveloper.

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Contract details

Contract type
Private Sale/Redevelopment
Amount
$39,960.00
Document date
October 18, 2023
Term
To commence within three (3) months and be completed within eighteen (18) months following transfer of property ownership from the City to the Redeveloper
Vendor
Vision Investment Group
Agency
City of Newark
Source document
city_of_newark_regular_meeting_agenda_october_18_2.pdf (Agenda)

Vision Investment Group's other public contracts

Town of Irvington, VirginiaThird highest bidder for RFP · Sep 9, 2024$16KTown of Irvington, VirginiaThird highest bidder for RFP · Sep 9, 2024$35KTown of Irvington, VirginiaProperty Redevelopment Contract Awarded to Vision Group · Aug 23, 2023$75KAll Vision Investment Group contractsVendor profile

More City of Newark contracts

Bergen Street Redevelopment Urban Renewal LLCSLFRF Affordable Housing Agreement Approved · Sep 9, 2026$1.5MSustainable JerseyEnergy Efficiency Outreach Grant Accepted from Sustainable Jersey · Sep 9, 2026$5KRiverside Construction Materials IncBulk Road Salt Contract Approved for Riverside Construction · Sep 9, 2026Legacy Housing & Construction LLCMarket-Rate Housing Sale Approved for Legacy Housing · Sep 9, 2026$57.8KEtta Investments Limited Liability CompanyTwo-Family Housing Sale Approved for Etta Investments · Sep 9, 2026$31.8KAll City of Newark activityAgency profile

Questions about this contract

Who was awarded the private sale/redevelopment contract by City of Newark?

Vision Investment Group was awarded this private sale/redevelopment contract by City of Newark, as recorded on October 18, 2023. The contract value is $39,960.00.

How much is the Vision Investment Group contract with City of Newark worth?

The Vision Investment Group contract with City of Newark is valued at $39,960.00, covering private sale/redevelopment work.

What type of contract is this?

This is a Private Sale/Redevelopment contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_of_newark_regular_meeting_agenda_october_18_2.pdf (Agenda), dated October 18, 2023 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Vision Investment Group hold?

Vision Investment Group 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 Newark currently buying?

Explore City of Newark's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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