City of South Haven Brownfield Redevelopment Authority Agenda Packet 2026-06-08
Interra Homes party to amended Brownfield Plan for Everett Park
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Description
Interra Homes, LLC is co-beneficiary of the amended brownfield reimbursement agreement, with a share of up to $3,011,770 in reimbursable costs and an extended TIF term to support residential housing and site infrastructure at Everett Park Phase II.
Contract Details
Contract Amount
Not to exceed $3,011,770 (shared with Developer; see plan for allocation)
Vendor
INTERRA HOMES LLC
Agency
City of South Haven, MI
Contract Type
OTHER
Document Date
June 8, 2026
Contract Term
18 years (2025–2042)
Renewal Date
2042-12-31
Renewal Info
First Amendment (April 2026) increased maximum reimbursable costs and extended the TIF reimbursement window to 18 years, with proportional allocation between New Everett Park Phase II, LLC and Interra Homes, LLC.
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