City of Pontiac Awards Financial Services Contract to Lighthouse Mi (August 2026)

Lighthouse MI secured approval for a bond-financed project in Pontiac that will provide up to $6 million toward a new Housing Opportunity Center campus. The Economic Development Corporation of the County of Oakland will issue revenue bonds, purchased by PNC Bank, to fund construction of expanded shelter and services facilities.

Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $6,000,000 (bond proceeds)

Contract type

FINANCIAL_SERVICES

Contract term

Bond term not more than 30 years from issuance

Renewal date

2056-12-31

Renewal

Project financing via revenue bonds; no renewal provisions stated, bonds to amortize over up to 30 years.

Document type

Agenda

Source document

Pontiac City Council Regular Meeting Agenda 2026-08-11

Related contracts

Other contracts from Lighthouse Mi.

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Oakland County Board of Commissioners Economic Development and Infrastructure Committee Agenda 2026-08-06

PENDING

Oakland County, MichiganAug 6, 2026

Oakland County Board of Commissioners Economic Development and Infrastructure Committee Minutes 2026-08-06

RECOMMENDED

Oakland County, MichiganAug 6, 2026

mshda_board_meeting_agenda_december_2025.pdf

approved

Michigan state Housing Development Authority, Michigan$240,048Dec 18, 2025

mshda_board_meeting_agenda_december_2025.pdf

AWARDED

Iron Mountain Housing Commission, Michigan$240,048Dec 18, 2025

city-of-pontiac-regular-meeting-agenda-september-30-2025_88e.pdf

AMENDED

City of Pontiac, MichiganSep 30, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Pontiac?

Lighthouse Mi was awarded this financial services contract by City of Pontiac, as recorded on August 11, 2026. The contract value is Not to exceed $6,000,000 (bond proceeds).

How much is the Lighthouse Mi contract with City of Pontiac worth?

The Lighthouse Mi contract with City of Pontiac is valued at Not to exceed $6,000,000 (bond proceeds), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Pontiac City Council Regular Meeting Agenda 2026-08-11 (Agenda), dated August 11, 2026 from City of Pontiac. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lighthouse Mi hold?

Lighthouse Mi 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 Lighthouse Mi's profile

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