FINANCIAL_SERVICESAPPROVED

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

The Bangor City Council approved a Credit Enhancement Agreement with Bangor Housing Development Corporation for a portion of 205 Corporate Drive, supporting the Yellen Pines affordable supportive housing project. The agreement enables tax increment financing to help fund the development subject to City-imposed conditions.

Status
APPROVED
Document date
August 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bangor Housing Development Corporation
Agency
City of Bangor · ME

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch 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
Comcate logo
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IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
CEA terms and conditions govern reimbursements; future amendments or extensions would require Council action.
Document type
AgendaPacket
Source document
City of Bangor AgendaPacket Weekly Meetings 2026-08-24

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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 24, 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 2026-08-24 (AgendaPacket), dated August 24, 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.

View Bangor Housing Development Corporation's profile

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