FINANCIAL_SERVICESAPPROVED

City of Bangor Awards Financial Services Contract to Bangor Housing Development Corporation (August 2026)

The Bangor City Council approved creation of an Affordable Housing Tax Increment Financing District for a portion of 205 Corporate Drive with Bangor Housing Development Corporation, enabling capture of added property value for reinvestment in supportive housing. The City Manager is authorized to file the district for review by Maine State Housing Authority.

Status
APPROVED
Document date
August 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bangor Housing Development Corporation
Agency
City of Bangor · ME

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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 type
FINANCIAL_SERVICES
Contract term
Not to exceed life of Affordable Housing TIF; duration not specified
Renewal
TIF district duration is not specified in the order; no renewal or extension provisions are detailed.
Document type
AgendaPacket
Source document
City of Bangor AgendaPacket Weekly Meetings 2026-08-17

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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 17, 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 AgendaPacket Weekly Meetings 2026-08-17 (AgendaPacket), dated August 17, 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?

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.

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