Downtown Development Authority Meeting 5/6/26

The Ann Arbor Downtown Development Authority (DDA) held a board meeting on May 6, 2026, where key procurement and budget-related decisions were made. The board approved a $25,000 grant to the Ann Arbor Housing Development Corporation for a documentary titled "The Road Home," aimed at supporting affordable housing initiatives. Additionally, the board approved a parking agreement with Fifth Avenue Michigan Limited Dividend Housing Association LLC, which involves allocating up to 165 off-peak parking permits for a low-income housing development project valued at approximately $92 million in tax credits. A significant procurement action included approving a resolution to initiate the retractable bollard project, authorizing design support contracts with Wade Trim for up to 35 street locations and the purchase of bollards from Ameristar, with construction contracts to be considered in future meetings. The meeting also highlighted the DDA's commitment to implementing its newly approved development plan and expanding its boundary and funding model.