Town plans $100K assistance for Habitat triplex
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Description
The Town of Davidson is considering allocating $100,000 in down payment assistance funds to Habitat for Humanity of the Charlotte Region for a Shearer Street triplex project. The assistance will be structured as 30-year forgivable loans to income-qualified buyers with payments capped at 30% of household income.
Contract Details
Contract Amount
$100,000
Vendor
HABITAT FOR HUMANITY OF THE CHARLOTTE REGION
Agency
Town of Davidson, PA
Contract Type
OTHER
Document Date
April 14, 2026
Contract Term
30-year forgivable loans to individual homebuyers
Renewal Info
One-time funding to support 30-year forgivable loans; no explicit renewal or extension terms described.
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