FINANCIAL_SERVICESAPPROVED

Bay city Housing Commission Awards Financial Services Contract to Newmarket Commons I 4% Ldha Llc (May 2026)

The Bay City Housing Commission approved a capital commitment of up to $1,500,000 to Newmarket Commons I 4% LDHA LLC and authorized reinvestment of up to 60% of the developer fee into the project. These funds will help close the financing gap for the Newmarket Commons I 4% LIHTC phase.

Status
APPROVED
Document date
May 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Newmarket Commons I 4% Ldha Llc
Agency
Bay city Housing Commission · MI

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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
Up to $1,500,000 in capital plus up to 60% of developer fee
Contract type
FINANCIAL_SERVICES
Renewal
Capital commitment ceiling of $1,500,000 allows for cost fluctuation; any requirement in excess of this amount per Resolution #459 will require additional Board approval.
Document type
AgendaPacket
Source document
Bay City Housing Commission AgendaPacket Regular Board Meeting 2026-05-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Bay city Housing Commission?

Newmarket Commons I 4% Ldha Llc was awarded this financial services contract by Bay city Housing Commission, as recorded on May 25, 2026. The contract value is Up to $1,500,000 in capital plus up to 60% of developer fee.

How much is the Newmarket Commons I 4% Ldha Llc contract with Bay city Housing Commission worth?

The Newmarket Commons I 4% Ldha Llc contract with Bay city Housing Commission is valued at Up to $1,500,000 in capital plus up to 60% of developer fee, covering financial services work.

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 Bay City Housing Commission AgendaPacket Regular Board Meeting 2026-05-27 (AgendaPacket), dated May 25, 2026 from Bay city Housing Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Newmarket Commons I 4% Ldha Llc hold?

Newmarket Commons I 4% Ldha 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.

View Newmarket Commons I 4% Ldha Llc's profile

What is Bay city Housing Commission currently buying?

Explore Bay city Housing Commission's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Bay city Housing Commission's profile

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