Affordable Housing project approved by City Council

Stencil Group controls most of the processes required to complete the Affordable Housing project in two phases. They will acquire the lowest interest rate possible. Together, these offer the developer security that would help them weather a drastic change in prices. Stencil Group will also have bonds in place to complete the project if required.

Scope & details

The full contract record, as filed.

Contract amount

$6,000,000

Contract type

Development

Contract term

Document type

Agenda

Source document

vermillion-housing-and-redevelopment-commissi-agenda-2025-05-12_1ca.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the development contract by Vermillion Housing and Redevelopment Commissi?

Stencil Group was awarded this development contract by Vermillion Housing and Redevelopment Commissi, as recorded on May 12, 2025. The contract value is $6,000,000.

How much is the Stencil Group contract with Vermillion Housing and Redevelopment Commissi worth?

The Stencil Group contract with Vermillion Housing and Redevelopment Commissi is valued at $6,000,000, covering development work.

What type of contract is this?

This is a Development contract, documented as a agenda record.

Where was this contract approved?

This contract appears in vermillion-housing-and-redevelopment-commissi-agenda-2025-05-12_1ca.pdf (Agenda), dated May 12, 2025 from Vermillion Housing and Redevelopment Commissi. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stencil Group hold?

Stencil 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.

View Stencil Group's profile

What is Vermillion Housing and Redevelopment Commissi currently buying?

Explore Vermillion Housing and Redevelopment Commissi's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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