The group are planning to introduce a Community Advisory Board made up of people from the LGBTQ+ community to ensure a range of perspectives are reflected in the planning of the event.
Manchester City Council will also hold engagement sessions with LGBTQ+ organisations and representatives in order to gather a range of views.
The council’s deputy leader Cllr Garry Bridges said the council had “always been clear” that Pride should go ahead this year.
He said: “Pride is vital for Manchester, as a symbol of our welcoming and inclusive city, a chance to celebrate our LGBTQ+ communities and to highlight injustices which still exist.”
Carl Austin-Behan, one of the founders of Manchester Village Pride CIC, said the move was “a chance to start again”.
He added: “Bringing Pride home to the Village is about more than location.
“It is a commitment to responsibility: paying artists properly, funding community groups, supporting charities, protecting LGBTQ+ heritage, and building a sustainable future for Pride in Manchester.”
The event will be the first in the UK to sign a union agreement with the performing arts and entertainment union Equity, after the collapse of the previous organisation left many performers unpaid.
Karen Lockney, an official at Equity, said it would “guarantee fair pay and professional industry standards for all performers”.
She added: “We have consistently called for unionised terms and conditions for Pride, and this positive development will restore the trust of our members in the event.
“They can be confident they will be paid and treated fairly in future.”