Lease Guaranty for Athlete Housing with Ameritus
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Description
Highland Community College proposes a 2026–2027 lease guaranty agreement with Ameritus HS Owner, LLC to secure apartment housing near campus for Division I student-athletes. The college will guarantee rent payments for designated units for the academic year.
Contract Details
Contract Amount
Approximately $82,080 in annual rent and fees for eight units (reference FY26; FY27 value not explicitly stated)
Vendor
AMERITUS HS OWNER LLC
Agency
Highland Community College, IL
Contract Type
FACILITIES
Document Date
June 16, 2026
Contract Term
2026–2027 College Academic Year
Renewal Date
2027-06-30
Renewal Info
Agreement is explicitly limited to the 2026–2027 academic year and does not automatically renew; any future year would require new written confirmation by both parties.
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