OTHERAWARDED

Developers Collaborative Gets Augusta TIF Housing Project

The City of Augusta approved a Credit Enhancement Agreement with Developers Collaborative, returning 75% of new TIF tax revenues to support redevelopment of 33 Union Street into 102 residential units, including affordable and workforce housing.

Status
AWARDED
Document date
July 14, 2025
Contract type
OTHER
Vendor
Developers Collaborative
Agency
Augusta village · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
75% credit enhancement agreement (value not specified)
Contract type
OTHER
Contract term
Duration of TIF District; estimated 9% tax credit program cycle, multi-year
Renewal
Authorized revisions and modifications to agreement as required by MaineHousing.
Document type
Report
Source document
augusta-city-manager-report-infrastructure-projects-housing-tif-jul-14-2025_fad.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Augusta village?

Developers Collaborative was awarded this government contract by Augusta village, as recorded on July 14, 2025. The contract value is 75% credit enhancement agreement (value not specified).

How much is the Developers Collaborative contract with Augusta village worth?

The Developers Collaborative contract with Augusta village is valued at 75% credit enhancement agreement (value not specified).

What type of contract is this?

This is a government contract, documented as a report record.

Where was this contract approved?

This contract appears in augusta-city-manager-report-infrastructure-projects-housing-tif-jul-14-2025_fad.pdf (Report), dated July 14, 2025 from Augusta village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Developers Collaborative hold?

Developers Collaborative 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 Developers Collaborative's profile

What is Augusta village currently buying?

Explore Augusta village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Augusta village's profile

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