NEZ Certificate Approved for 554 Agnes Street

Muskegon’s City Commission approved a 15-year Neighborhood Enterprise Zone certificate for Stephens Homes and Investments to build a new single-family home at 554 Agnes Street, with an estimated project cost of $195,000. The certificate will give the future homeowner an estimated 50% reduction in property taxes for up to 15 years.

Scope & details

The full contract record, as filed.

Contract amount

$195,000 (estimated project cost)

Contract type

OTHER

Contract term

15 years

Renewal

NEZ certificate term is fixed at 15 years from issuance with no renewal provisions mentioned. Continuation contingent on compliance with NEZ statutes.

Document type

AgendaPacket

Source document

City of Muskegon Agenda Packet 2026-08-11

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Muskegon?

Stephens Homes & Investments was awarded this government contract by City of Muskegon, as recorded on August 11, 2026. The contract value is $195,000 (estimated project cost).

How much is the Stephens Homes & Investments contract with City of Muskegon worth?

The Stephens Homes & Investments contract with City of Muskegon is valued at $195,000 (estimated project cost).

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 City of Muskegon Agenda Packet 2026-08-11 (AgendaPacket), dated August 11, 2026 from City of Muskegon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stephens Homes & Investments hold?

Stephens Homes & Investments may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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