City of Fort Collins Council Meeting Agenda April 21, 2026
City Grants Housing Catalyst Purchase Option for 314 North Howes
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Description
City Council approved an Option Agreement granting Housing Catalyst the right to purchase the City-owned property at 314 North Howes Street at nominal consideration to support affordable housing. The agreement sets the framework for negotiating a final Purchase and Sale Agreement following the expiration of the existing tenant’s lease in September 2026.
Contract Details
Contract Amount
nominal consideration (exact amount not specified)
Vendor
HOUSING CATALYST
Agency
City of Fort Collins, CO
Contract Type
FACILITIES
Document Date
April 21, 2026
Contract Term
Option term not specified; tenant EcoThrift lease expires September 30, 2026
Renewal Info
Single Option Agreement for potential sale; future Purchase and Sale Agreement to be negotiated. No renewal terms stated.
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