Muskegon Extends Jackson Hill Housing Tax Exemption
City of MuskegonCity · Muskegon, MI- Disclosed value
- 4% of contract rents; current payment is approximately $13,000-$14,000 per year
- From bid award
- Approved
- Nov 11, 2026
- Renews
- Free account
The 30-second brief
Muskegon approved a 10-year housing exemption agreement with GenCap Village at Jackson Hill Limited Dividend Housing Association, LLC for The Village at Jackson Hill. The agreement extends the property tax exemption through March 13, 2037, with the owner paying 4% of contract rents in lieu of property taxes.
Gencap Village at Jackson Hill Limited Dividend Housing Association LLC holds this contract with City of Muskegon.
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Contract details
- Amount
- 4% of contract rents; current payment is approximately $13,000-$14,000 per year
- Document date
- November 11, 2026
- Term
- Additional 10-year exemption period ending March 13, 2037
- Renews
- On record
- Vendor
- Gencap Village at Jackson Hill Limited Dividend Housing Association LLC
- Agency
- City of Muskegon
- Source document
- PDF (Bid Award)
More City of Muskegon contracts
Questions about this contract
Who was awarded the government contract by City of Muskegon?
Gencap Village at Jackson Hill Limited Dividend Housing Association LLC was awarded this government contract by City of Muskegon, as recorded on November 11, 2026. The contract value is 4% of contract rents; current payment is approximately $13,000-$14,000 per year.
How much is the Gencap Village at Jackson Hill Limited Dividend Housing Association LLC contract with City of Muskegon worth?
The Gencap Village at Jackson Hill Limited Dividend Housing Association LLC contract with City of Muskegon is valued at 4% of contract rents; current payment is approximately $13,000-$14,000 per year.
What type of contract is this?
This is a government contract, documented as a bid award record.
Where was this contract approved?
This contract appears in PDF (Bid Award), dated November 11, 2026 from City of Muskegon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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