20-Year HAP Contract Renewal for Eastview Terrace
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Description
The Board approved the renewal of the Project-Based Voucher HAP contract with Eastview Terrace LLC for 20 years at an annual amount of $1,035,828 for 49 units, commencing November 11, 2023.
Contract Details
Contract Amount
$1,035,828.00 annually plus annual rental increases under MTW funding (49 PBV units)
Vendor
EASTVIEW TERRACE LLC
Agency
Housing Authority of the city of New Haven, CT
Contract Type
OTHER
Document Date
November 21, 2023
Contract Term
November 11, 2023 – November 10, 2043 (20 years)
Renewal Date
2043-11-10
Renewal Info
Renewal after 15-year initial term. New 20-year contract starting November 11, 2023.
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Issuing Agency
Local Housing Authority
New Haven, CT
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