Brownfield Agreement Approved with Swan WFH Inverness Homes
City of Eaton RapidsCity · Eaton Rapids, MI- Disclosed value
- Eligible costs up to $4,748,452 (reimbursed via tax increment financing); Total project investment $9,100,000
- From agenda
- Approved
- Mar 9, 2026
- Renews
- Free account
The 30-second brief
The City of Eaton Rapids and the Brownfield Redevelopment Authority approved a Brownfield Plan Development Agreement with Swan WFH Inverness Homes, LLC for the construction of 31 new homes. Up to $4.75 million in eligible costs will be reimbursed over a maximum 30-year period via tax increment financing.
Swan Wfh Inverness Homes LLC holds this contract with City of Eaton Rapids.
The renewal date is on record. A free account shows it, with the renewals for every City of Eaton Rapids contract.
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Contract details
- Amount
- Eligible costs up to $4,748,452 (reimbursed via tax increment financing); Total project investment $9,100,000
- Document date
- March 9, 2026
- Term
- Up to 30 years of tax increment capture; Development 2026–2028
- Renews
- Free account
- Agency
- City of Eaton Rapids
- Source document
- City of Eaton Rapids Work Session Agenda March 9 2026 (Agenda)
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Questions about this contract
Who was awarded the government contract by City of Eaton Rapids?
Swan Wfh Inverness Homes LLC was awarded this government contract by City of Eaton Rapids, as recorded on March 9, 2026. The contract value is Eligible costs up to $4,748,452 (reimbursed via tax increment financing); Total project investment $9,100,000.
How much is the Swan Wfh Inverness Homes LLC contract with City of Eaton Rapids worth?
The Swan Wfh Inverness Homes LLC contract with City of Eaton Rapids is valued at Eligible costs up to $4,748,452 (reimbursed via tax increment financing); Total project investment $9,100,000.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Eaton Rapids Work Session Agenda March 9 2026 (Agenda), dated March 9, 2026 from City of Eaton Rapids. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Swan Wfh Inverness Homes LLC hold?
Swan Wfh Inverness Homes LLC 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 Eaton Rapids currently buying?
Explore City of Eaton Rapids's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.