FINANCIAL_SERVICESAPPROVED

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

The Bangor City Council authorized the City Manager to create and file a Tax Increment Financing District for Affordable Housing with Bangor Housing Development Corporation for a portion of 205 Corporate Drive. The TIF district will capture increased property value to support a 30-unit supportive housing project, subject to review by the 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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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
Renewal
No specific term or renewal provisions for the TIF district are detailed in the order; duration will follow applicable state affordable housing TIF statutes and subsequent approvals.
Document type
AgendaPacket
Source document
City of Bangor AgendaPacket Special Meeting 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 Special Meeting 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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