FINANCIAL_SERVICESAPPROVED

Bangor Public Schools Awards Financial Services Contract to Bangor Housing Development Corporation (August 2026)

The City Council authorized a 30-year Credit Enhancement Agreement with Bangor Housing Development Corporation for a TIF district at 205 Corporate Drive, returning 75% of real estate taxes to support a 30-unit supportive housing project. The agreement advances affordable and supportive housing goals in the city’s comprehensive plan.

Status
APPROVED
Document date
August 10, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bangor Housing Development Corporation
Agency
Bangor Public Schools · ME

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Thirty (30) years
Renewal
Initial credit enhancement term set at 30 years with 75% tax increment return; no renewal or extension provisions described.
Document type
AgendaPacket
Source document
City of Bangor City Council Agenda Packet 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Bangor Public Schools?

Bangor Housing Development Corporation was awarded this financial services contract by Bangor Public Schools, as recorded on August 10, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Bangor City Council Agenda Packet 2026-08-10 (AgendaPacket), dated August 10, 2026 from Bangor Public Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bangor Housing Development Corporation hold?

Bangor Housing Development Corporation 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 Bangor Housing Development Corporation's profile

What is Bangor Public Schools currently buying?

Explore Bangor Public Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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