Municipal Services Agreement Concept Discussed for Novi Project
City of NoviCity · Novi, MI- Disclosed value
- Municipal Services Agreement concept: PILOT reduced from 3% to 1% of shelter rents plus approximately 2% of shelter rents as separate service payment
- From staffreport
- Document date
- Aug 10, 2026
The 30-second brief
Lincoln Avenue Communities has floated an additional Municipal Services Agreement concept with Novi alongside a reduced Payment in Lieu of Taxes. Under the idea, the PILOT rate would be lowered while a separate service payment, roughly 2% of shelter rents, would be paid directly to the City and not shared with other taxing jurisdictions.
Lincoln Avenue Communities holds this financial services contract with City of Novi. Its other public contracts on record include work for City of Rochester and Housing Finance Authority Of Palm Beach County.
Term as filed: Conceptual 40-year horizon discussed alongside PILOT.
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Contract details
- Contract type
- Financial Services
- Amount
- Municipal Services Agreement concept: PILOT reduced from 3% to 1% of shelter rents plus approximately 2% of shelter rents as separate service payment
- Document date
- August 10, 2026
- Term
- Conceptual 40-year horizon discussed alongside PILOT
- Agency
- City of Novi
- Source document
- City of Novi StaffReport Initial presentation of the project in the City West Corridor from Lincoln Avenue Communities 2026-08-10 (StaffReport)
Lincoln Avenue Communities's other public contracts
More City of Novi contracts
Questions about this contract
Who was awarded the financial services contract by City of Novi?
Lincoln Avenue Communities was awarded this financial services contract by City of Novi, as recorded on August 10, 2026. The contract value is Municipal Services Agreement concept: PILOT reduced from 3% to 1% of shelter rents plus approximately 2% of shelter rents as separate service payment.
How much is the Lincoln Avenue Communities contract with City of Novi worth?
The Lincoln Avenue Communities contract with City of Novi is valued at Municipal Services Agreement concept: PILOT reduced from 3% to 1% of shelter rents plus approximately 2% of shelter rents as separate service payment, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in City of Novi StaffReport Initial presentation of the project in the City West Corridor from Lincoln Avenue Communities 2026-08-10 (StaffReport), dated August 10, 2026 from City of Novi. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lincoln Avenue Communities hold?
Lincoln Avenue Communities may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Novi currently buying?
Explore City of Novi's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.