Lansing Considers Workforce Housing PILOT for Monopoly Apartments

Lansing City Council is considering a 15-year workforce housing PILOT for Monopoly Apartments LLC's Baltic Flatz development. The proposed payment is 4% of monthly rent charges, with the agreement running from January 1, 2027, through December 31, 2042, if approved by the end of 2026.

Document date · October 5, 2026

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Scope & details

The full contract record, as filed.

Contract amount

4% of monthly rent charges

Contract type

OTHER

Contract term

15 years, effective January 1, 2027 – December 31, 2042, if approved by December 31, 2026

Renewal date

2042-12-31

Renewal

Proposed 15-year PILOT term; no renewal or extension option is stated.

Document type

AgendaPacket

Source document

Lansing City Council AgendaPacket Committee on Development and Planning 2026-10-05

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Lansing?

Monopoly Apartments Llc was awarded this government contract by City of Lansing, as recorded on October 5, 2026. The contract value is 4% of monthly rent charges.

How much is the Monopoly Apartments Llc contract with City of Lansing worth?

The Monopoly Apartments Llc contract with City of Lansing is valued at 4% of monthly rent charges.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Lansing City Council AgendaPacket Committee on Development and Planning 2026-10-05 (AgendaPacket), dated October 5, 2026 from City of Lansing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Monopoly Apartments Llc hold?

Monopoly Apartments 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 Monopoly Apartments Llc's profile

What is City of Lansing currently buying?

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

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