FINANCIAL_SERVICESAPPROVED

City of Milwaukee city Awards Financial Services Contract to Gorman & Company (July 2026)

The Redevelopment Authority adopted TID No. 132 for Midtown Commons, where Gorman & Company will co-develop a $61 million, 200-unit affordable housing complex. The project is financed in part by a $3.95 million developer-financed TID at 5.85% interest over 20 years and includes SBE and RPP requirements.

Status
APPROVED
Document date
July 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Gorman & Company
Agency
City of Milwaukee city · WI

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
$3.95 million developer-financed TID within a $61 million project
Contract type
FINANCIAL_SERVICES
Contract term
20 years
Renewal date
2046-07-16
Renewal
Developer-financed TID of $3.95 million at 5.85% interest to be repaid over 20 years; no renewal or extension options are stated.
Document type
Minutes
Source document
City of Milwaukee Redevelopment Authority Meeting Minutes 2026-07-16

Related contracts

Other contracts from Gorman & Company.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

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

Gorman & Company was awarded this financial services contract by City of Milwaukee city, as recorded on July 16, 2026. The contract value is $3.95 million developer-financed TID within a $61 million project.

How much is the Gorman & Company contract with City of Milwaukee city worth?

The Gorman & Company contract with City of Milwaukee city is valued at $3.95 million developer-financed TID within a $61 million project, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Milwaukee Redevelopment Authority Meeting Minutes 2026-07-16 (Minutes), dated July 16, 2026 from City of Milwaukee city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Gorman & Company hold?

Gorman & Company 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 Gorman & Company's profile

What is City of Milwaukee city currently buying?

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

View City of Milwaukee city's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free