City of Hartford Hybrid Public Hearing Agenda April 2026
Hartford Authorizes $1 Sale of 21 Elmer to Developer
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Description
The City of Hartford plans to sell the vacant lot at 21 Elmer Street to developer Mohamed Khan for $1.00 to build an affordable 1–3 family home under the Lots to Homes Initiative. The Mayor is authorized to complete the Purchase and Sale Agreement after due diligence, permitting, and financing are secured, with a 15-year owner-occupancy requirement for the future homeowner.
Contract Details
Contract Amount
$1.00
Vendor
KHAN, MOHAMED
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
Agreement provides a 90-day due diligence period with a possible extension of up to 90 additional days; the completed property must be sold to an owner-occupant with a 15-year occupancy covenant, and any early transfer requires City authorization and repayment of the subsidy portion.
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