Housing TIF amendment for Jubilee Ministries project

The Brownfield Redevelopment Authority voted unanimously to recommend City Council approval of a First Amendment to the Brownfield Plan and a Brownfield Reimbursement Agreement for the 467 Ottawa Avenue redevelopment involving Jubilee Ministries, Inc. The Housing TIF amendment allows reimbursement of up to $440,000 in potential development loss over a 15-year capture period.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

2025–2039 (15 years including 5-year LBRF back-end)

Renewal

First amendment to an existing Brownfield Plan, adding a 15-year Housing TIF capture (2025–2039) including a 5-year Local Brownfield Revolving Fund back-end period. Reimbursement capped at $440,000 per City policy.

Document type

Agenda

Source document

City of Holland Brownfield Redevelopment Authority Agenda 2026-08-26

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City of Holland Agenda 2026-09-02

APPROVED

City of Holland, Michigan$980,580 eligible costs; $158,987 administrative fee; $379,958 Brownfield fund captureSep 1, 2026

City of Holland Brownfield Redevelopment Authority AgendaPacket 2026-08-26

APPROVED

City of Holland city, MichiganUp to $440,000 potential development loss reimbursement via Housing TIFAug 26, 2026

mshda_board_meeting_agenda_january_2025.pdf

Michigan State Housing Development Authority AgendaPacket 2025-01-23

APPROVED

Iron Mountain Housing Commission, Michigan$440,000Jan 23, 2025

Finance and Administration Committee Meeting Agenda January 2025

APPROVED

Ottawa County, MichiganJan 14, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Holland city?

Jubilee Ministries Inc was awarded this financial services contract by City of Holland city, as recorded on August 26, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Holland Brownfield Redevelopment Authority Agenda 2026-08-26 (Agenda), dated August 26, 2026 from City of Holland city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jubilee Ministries Inc hold?

Jubilee Ministries Inc 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 Jubilee Ministries Inc's profile

What is City of Holland city currently buying?

Explore City of Holland city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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Housing TIF amendment for Jubilee Ministries project

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by City of Holland city?

What type of contract is this?

Where was this contract approved?

What other contracts does Jubilee Ministries Inc hold?

What is City of Holland city currently buying?

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