This Solicitation opportunity from Michigan was posted on April 15, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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City of Pontiac Down Payment Assistance Program

Closed

2025-REQ-0008State & Local

Submission Closed05/15/2025, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 523930

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AI Contract Overview

The City of Pontiac has allocated Community Development Block Grant (CDBG) FY 2024 funds, approved by Oakland County, to support a program aimed at increasing homeownership opportunities for lower-income residents who are first-time homebuyers. The initiative seeks to partner with organizations that already operate down payment assistance programs, ensuring that the funds are efficiently utilized to assist prospective homebuyers planning to purchase homes within Pontiac. The contract, titled the City of Pontiac Down Payment Assistance Program, has a budget range between $500,000 and $2,000,000 and is open for responses until May 15, 2025. The program emphasizes timely expenditure of funds to maximize impact and is managed by the City of Pontiac, Michigan, with primary contact being Sean Regan. Interested organizations can find additional details and submit responses through the provided procurement portal link.

General Info

Agency

Michigan → City of Pontiac

NAICS

523930 - Investment Advice

Place of Performance

MI, USA

Set-Aside

NONE

Documents

2025-REQ-0008 City of Pontiac Down Payment Assistance Program

rfp

High

AI Contract Breakdown

Uniform Contract Format

Timeline

PhaseClosed

PostedApr 15

Solicitation

Response DeadlineMay 15

Deadline has passed

Submission Closed

05/15/2025, 12:00:00 AM UTC

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Organization & Contact Information

AgencyMichigan → City of Pontiac

Contacts1 person available

OfficeN/A

Organization / AgencyMichigan → City of Pontiac

Office AddressN/A

Contacts

Sean Regan

contact@example.gov

+1 (555) 000-0000

Full Description

The City of Pontiac has CDBG FY 2024 funds designated specifically for this program which Oakland County has approved. The goal of this project is to boost homeownership for lower income residents who are first-time homebuyers. We are looking for organizations that already have a down payment assistance program in place so that the funds can be spent timely on prospective homebuyers intending to purchase a home in Pontiac.