BHDC seeks full 30-year CEA for Home for Good

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Requested 30-year Credit Enhancement Agreement at 100% reimbursement of tax increment

Renewal date

2056-12-31

Renewal

Initial request for a 30-year, 100% reimbursement CEA; subject to City Council negotiation and approval.

Document type

AgendaPacket

Source document

City of Bangor Business & Economic Development Committee Agenda Packet 2026-08-03

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City of Bangor Agenda Packet Weekly Meetings 2026-08-03

City of Bangor Business & Economic Development Committee Agenda Packet 2026-08-03

City of Bangor AgendaPacket Weekly Meetings 2026-08-03

City of Bangor City Council Agenda Packet 2026-07-27

APPROVED

City of Bangor, Maine75% of real estate taxes on increase in value for 30 yearsJul 27, 2026

City of Bangor AgendaPacket Weekly Meetings 2026-07-27

APPROVED

City of Bangor, Maine75% of real estate taxes on increased value for 30 yearsJul 27, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Bangor Housing Development Corporation was awarded this financial services contract by City of Bangor, as recorded on August 3, 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 Business & Economic Development Committee Agenda Packet 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Bangor. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bangor Housing Development Corporation hold?

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