OTHERAPPROVED

Belmont Housing Authority Continues PILOT for Sherman Gardens

Belmont Housing Authority will continue the PILOT agreement for the Sherman Gardens redevelopment, ensuring the public housing project can proceed with $78 million financing.

Document date · March 23, 2026

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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
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Scope & details

The full contract record, as filed.

Contract amount
Approximately $78 million (project cost)
Contract type
OTHER
Contract term
Long-term ground lease; ground lease duration unspecified
Renewal
Continuation of existing PILOT arrangement as part of ground lease/tax credit structure.
Document type
Minutes
Source document
Belmont Select Board Minutes 2026-03-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Belmont?

Belmont Housing Authority was awarded this government contract by Town of Belmont, as recorded on March 23, 2026. The contract value is Approximately $78 million (project cost).

How much is the Belmont Housing Authority contract with Town of Belmont worth?

The Belmont Housing Authority contract with Town of Belmont is valued at Approximately $78 million (project cost).

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Belmont Select Board Minutes 2026-03-23 (Minutes), dated March 23, 2026 from Town of Belmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Belmont Housing Authority hold?

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