Purchase Option Agreementpending

newport-news-redevelopment-housng-authority-agenda-2023-02-21_278.pdf

NNRHA grants purchase option for downtown development

$10.00Newport News Redevelopment & Housng AuthorityCHOICE NEIGHBORHOOD VDOWNTOWNFebruary 21, 2023

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Description

NNRHA enters into a Purchase Option Agreement with Choice Neighborhood V-Downtown LLC, granting the option to purchase property for $10.00 over 36 months, aiming to develop up to 74 units.

Contract Details

Contract Amount

$10.00

Vendor

CHOICE NEIGHBORHOOD VDOWNTOWN

Agency

Newport News Redevelopment & Housng Authority, VA

Contract Type

Purchase Option Agreement

Document Date

February 21, 2023

Contract Term

36 months

Renewal Date

Renewal Info

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Issuing Agency

Newport News Redevelopment & Housng Authority

Local Housing Authority

Newport News, VA

View agency profile

Vendor