City of Hartford Hybrid Public Hearing Agenda April 2026
Hartford Plans $1 Sale of 58-60 Earle to Dalos & Stern
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Description
The City of Hartford proposes to sell the vacant lot at 58-60 Earle Street to Dalos & Stern for $1.00 under the Lots to Homes Initiative to construct an affordable 1–3 family home. The Mayor is authorized to execute a Purchase and Sale Agreement following due diligence, permitting, and financing approvals, with a 15-year owner-occupancy requirement for the eventual buyer.
Contract Details
Contract Amount
$1.00
Vendor
DALOS & STERN
Agency
City of Hartford, CT
Contract Type
FACILITIES
Document Date
April 20, 2026
Contract Term
90-day due diligence period, with up to one 90-day extension; 15-year owner-occupancy covenant after sale to end buyer
Renewal Info
Transaction includes a 90-day due diligence period with a single extension of up to 90 days; property must be sold to an owner-occupant who agrees to a 15-year occupancy covenant, with repayment of subsidy to the City if sold earlier without authorization.
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