Raleigh Backs Cottages of Idlewild with $700K Gap Funding
Town of RaleighCity · MS- Disclosed value
- $700,000 gap funding (plus $1 property sale, down payment assistance for homebuyers)
- From meeting minutes
- Awarded
- Feb 6, 2024
The 30-second brief
The City of Raleigh authorized an option agreement with Raleigh Area Land Trust, Inc. for the Cottages of Idlewild affordable housing project, including $700,000 gap funding for 18 units.
Raleigh Area Land Trust Inc holds this contract with Town of Raleigh. Its other public contracts on record include work for Wake County and City of Raleigh.
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Contract details
- Amount
- $700,000 gap funding (plus $1 property sale, down payment assistance for homebuyers)
- Document date
- February 6, 2024
- Agency
- Town of Raleigh
- Source document
- town-of-raleigh-meeting-minutes-2024-02-06_94f.pdf (Meeting Minutes)
Raleigh Area Land Trust Inc's other public contracts
More Town of Raleigh contracts
Questions about this contract
Who was awarded the government contract by Town of Raleigh?
Raleigh Area Land Trust Inc was awarded this government contract by Town of Raleigh, as recorded on February 6, 2024. The contract value is $700,000 gap funding (plus $1 property sale, down payment assistance for homebuyers).
How much is the Raleigh Area Land Trust Inc contract with Town of Raleigh worth?
The Raleigh Area Land Trust Inc contract with Town of Raleigh is valued at $700,000 gap funding (plus $1 property sale, down payment assistance for homebuyers).
What type of contract is this?
This is a government contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-raleigh-meeting-minutes-2024-02-06_94f.pdf (Meeting Minutes), dated February 6, 2024 from Town of Raleigh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Raleigh Area Land Trust Inc hold?
Raleigh Area Land Trust Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Raleigh currently buying?
Explore Town of Raleigh's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.