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Affordable Housing Property Conveyed to HHADC for $1

Hanson Housing Authority logoHanson Housing Authority
Disclosed value
$1.00 (purchase price for Property)
From agenda
Approved
May 13, 2026
Term
30-year restrictive use covenant
Renews
Free account

The 30-second brief

What it covers

Hanson Housing Authority approved conveying the six-unit LZ Thomas School Family Housing property to Hanson Housing Authority Development Corporation for $1.00. The transfer is subject to a 30-year affordability covenant requiring continued operation as affordable housing for low-income households.

Who holds it

Hanson Housing Authority Development Corporation holds this contract with Hanson Housing Authority.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Hanson Housing Authority contract.

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Contract details

Amount
$1.00 (purchase price for Property)
Document date
May 13, 2026
Term
30-year restrictive use covenant
Renews
Free account
Vendor
Hanson Housing Authority Development Corporation
Agency
Hanson Housing Authority
Source document
Hanson Housing Authority Regular Session Agenda May 14 2026 (Agenda)

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Questions about this contract

Who was awarded the government contract by Hanson Housing Authority?

Hanson Housing Authority Development Corporation was awarded this government contract by Hanson Housing Authority, as recorded on May 13, 2026. The contract value is $1.00 (purchase price for Property).

How much is the Hanson Housing Authority Development Corporation contract with Hanson Housing Authority worth?

The Hanson Housing Authority Development Corporation contract with Hanson Housing Authority is valued at $1.00 (purchase price for Property).

What type of contract is this?

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

Where was this contract approved?

This contract appears in Hanson Housing Authority Regular Session Agenda May 14 2026 (Agenda), dated May 13, 2026 from Hanson Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hanson Housing Authority Development Corporation hold?

Hanson Housing Authority Development Corporation 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 Hanson Housing Authority currently buying?

Explore Hanson Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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