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FINANCIAL_SERVICESPENDING

Town of Davidson Board of Commissioners Meeting Agenda April 14 2026

Town considers $100K DPA for Habitat triplex

$100,000Town of DavidsonHABITAT FOR HUMANITY OF THE CHARLOTTE REGIONApril 14, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Davidson Board of Commissioners is considering approval of up to $100,000 in down payment assistance for Habitat for Humanity of the Charlotte Region’s Shearer Street triplex project. The town funds would support income-qualified buyers through 30-year forgivable loans secured by a Deed of Trust, with a maximum of $33,333 per unit.

Contract Details

Contract Amount

$100,000

Vendor

HABITAT FOR HUMANITY OF THE CHARLOTTE REGION

Agency

Town of Davidson, PA

Contract Type

FINANCIAL_SERVICES

Document Date

April 14, 2026

Contract Term

30-year forgivable loans to individual homebuyers

Renewal Date

2056-04-14

Renewal Info

One-time down payment assistance allocation tied to three units; assistance structured as 30-year forgivable loans rather than a renewable service contract.

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