CONTRACTAPPROVED

City of Newton Awards $45,535 Financial Services Contract to Mccann Housing Associates LP (May 2026)

City of Newton logoCity of Newton
Disclosed value
$45,535.20
From agenda
Approved
May 4, 2026

The 30-second brief

What it covers

Newton approved a $45,535.20 TIF property tax rebate payment to McCann Housing Associates, LP for the 2nd half of FY 2025-2026 under a 2018 development agreement. The rebate, funded from the McCann Urban Renewal TIF Fund, returns 100% of eligible TIF taxes paid on the housing project at 1105 East 12th Street South.

Who holds it

Mccann Housing Associates LP holds this financial services contract with City of Newton.

What happens next

Term as filed: Rebate for 2nd half of Fiscal Year 2025-2026 property taxes.

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Contract details

Contract type
Financial Services
Amount
$45,535.20
Document date
May 4, 2026
Term
Rebate for 2nd half of Fiscal Year 2025-2026 property taxes
Source document
Newton City Council Agenda May 4 2026 (Agenda)

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Questions about this contract

Who was awarded the financial services contract by City of Newton?

Mccann Housing Associates LP was awarded this financial services contract by City of Newton, as recorded on May 4, 2026. The contract value is $45,535.20.

How much is the Mccann Housing Associates LP contract with City of Newton worth?

The Mccann Housing Associates LP contract with City of Newton is valued at $45,535.20, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Newton City Council Agenda May 4 2026 (Agenda), dated May 4, 2026 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mccann Housing Associates LP hold?

Mccann Housing Associates LP 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 Newton currently buying?

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

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