FINANCIAL_SERVICESAPPROVED

City of Kalamazoo Awards Financial Services Contract to 116 West Cedar Llc (August 2026)

The Kalamazoo Brownfield Redevelopment Authority approved implementation of an Act 381 Brownfield Plan for 116 West Cedar, LLC’s 71-unit residential project at 116 W Cedar and adjacent parcels. The plan authorizes up to $4.616 million in TIF reimbursements over a 30-year period to cover eligible activities, including a $2.53 million affordable housing financing gap.

Document date · August 20, 2026

Track City of Kalamazoo contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Kalamazoo.

Get started free

Create a free account · no credit card

Trusted by teams at

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
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 $4,616,636 eligible activities reimbursement from TIF
Contract type
FINANCIAL_SERVICES
Contract term
Tax increment capture anticipated 2029–2058 (up to 30 years), with 5 years of Local Brownfield Revolving Fund capture after reimbursement
Renewal date
2058-12-31
Renewal
Brownfield Plan captures TIF for up to 30 years beginning around 2029, including up to five years of Local Brownfield Revolving Fund capture after eligible activities are reimbursed; no automatic renewal beyond Act 381 limits.
Document type
AgendaPacket
Source document
City of Kalamazoo Brownfield Redevelopment Authority Agenda Packet 2026-08-20

Related contracts

Other contracts from 116 West Cedar Llc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Kalamazoo?

116 West Cedar Llc was awarded this financial services contract by City of Kalamazoo, as recorded on August 20, 2026. The contract value is Up to $4,616,636 eligible activities reimbursement from TIF.

How much is the 116 West Cedar Llc contract with City of Kalamazoo worth?

The 116 West Cedar Llc contract with City of Kalamazoo is valued at Up to $4,616,636 eligible activities reimbursement from TIF, 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 City of Kalamazoo Brownfield Redevelopment Authority Agenda Packet 2026-08-20 (AgendaPacket), dated August 20, 2026 from City of Kalamazoo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 116 West Cedar Llc hold?

116 West Cedar 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 116 West Cedar Llc's profile

What is City of Kalamazoo currently buying?

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

View City of Kalamazoo's profile