Concord Housing Authority Awards Facilities Contract to Hampshire Aviation (November 2025)
Concord Housing AuthorityLocal Housing Authority · Concord, NH- Disclosed value
- $0.30 per square foot; initial payment of $9,981; total rent for initial 20 Year Term: $321,654.50; maximum potential revenue (40 Years): $902,598.32
- From minutes
- Approved
- Nov 20, 2025
The 30-second brief
The City of Concord finalized and implemented a long-term ground lease with Hampshire Aviation for a new hangar at the municipal airport, with an initial lease rate of $0.30 per square foot increasing 3% annually. The agreement is projected to generate $321,654.50 over 20 years and up to $902,598.32 over 40 years, plus significant property tax revenue, and construction is currently underway.
Hampshire Aviation holds this facilities contract with Concord Housing Authority. Its other public contracts on record include work for City of Concord.
Term as filed: Initial 20 Year Term with potential up to 40 years; lease rate increasing 3% per year for the entire development zone.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Facilities
- Amount
- $0.30 per square foot; initial payment of $9,981; total rent for initial 20 Year Term: $321,654.50; maximum potential revenue (40 Years): $902,598.32
- Document date
- November 20, 2025
- Term
- Initial 20 Year Term with potential up to 40 years; lease rate increasing 3% per year for the entire development zone
- Vendor
- Hampshire Aviation
- Source document
- City of Concord Airport Advisory Committee Meeting Minutes 2025-11-20 (Minutes)
Hampshire Aviation's other public contracts
More Concord Housing Authority contracts
Questions about this contract
Who was awarded the facilities contract by Concord Housing Authority?
Hampshire Aviation was awarded this facilities contract by Concord Housing Authority, as recorded on November 20, 2025. The contract value is $0.30 per square foot; initial payment of $9,981; total rent for initial 20 Year Term: $321,654.50; maximum potential revenue (40 Years): $902,598.32.
How much is the Hampshire Aviation contract with Concord Housing Authority worth?
The Hampshire Aviation contract with Concord Housing Authority is valued at $0.30 per square foot; initial payment of $9,981; total rent for initial 20 Year Term: $321,654.50; maximum potential revenue (40 Years): $902,598.32, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Concord Airport Advisory Committee Meeting Minutes 2025-11-20 (Minutes), dated November 20, 2025 from Concord Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Hampshire Aviation hold?
Hampshire Aviation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Concord Housing Authority currently buying?
Explore Concord Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.