FINANCIAL_SERVICESRECOMMENDED

Lawrence Considers $10.4 Million Peaks Housing Bonds

Lawrence is considering final issuance of up to $10.4 million in Industrial Revenue Bonds for Resource Housing Group, Inc.’s The Peaks of Lawrence senior housing development. The action also covers related bond documents and a performance agreement, with a 10-year property tax abatement.

Document date · September 8, 2026

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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
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
Industrial Revenue Bonds not to exceed $10,400,000
Contract type
FINANCIAL_SERVICES
Contract term
10-year property tax abatement; 30-year affordability period
Renewal
The project includes a previously requested 10-year, approximately 65% property tax abatement and a 30-year affordability period. No contract renewal option is stated.
Document type
AgendaPacket
Source document
City of Lawrence AgendaPacket City Commission Meeting 2026-09-08

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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 Lawrence?

Resource Housing Group Inc was awarded this financial services contract by City of Lawrence, as recorded on September 8, 2026. The contract value is Industrial Revenue Bonds not to exceed $10,400,000.

How much is the Resource Housing Group Inc contract with City of Lawrence worth?

The Resource Housing Group Inc contract with City of Lawrence is valued at Industrial Revenue Bonds not to exceed $10,400,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Lawrence AgendaPacket City Commission Meeting 2026-09-08 (AgendaPacket), dated September 8, 2026 from City of Lawrence. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Resource Housing Group Inc hold?

Resource Housing Group 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 Resource Housing Group Inc's profile

What is City of Lawrence currently buying?

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

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