Town of Chapel Hill Town Council Meeting Agenda 2026-06-17
99-Year Ground Lease with Habitat for Humanity Approved
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Description
A 99-year ground lease will be authorized between the Town and Habitat for Humanity of Orange County for the construction and long-term use of duplexes in the Homestead Gardens Affordable Housing Development.
Contract Details
Vendor
HABITAT FOR HUMANITY OF ORANGE COUNTY
Agency
Town of Chapel Hill Department of Housing, NC
Contract Type
OTHER
Document Date
June 17, 2026
Contract Term
99 years
Renewal Date
2125-06-17
Renewal Info
Single 99-year initial lease term, standard for affordable housing projects.
More from HABITAT FOR HUMANITY OF ORANGE COUNTY
Related Contracts
Town of Chapel Hill Town Council Meeting Agenda 2026-06-17
AUTHORIZEDTown of Chapel Hill Town Council Meeting Agenda 2026-06-17
PENDINGTown of Chapel Hill Town Council Meeting Agenda 2026-06-17
PENDINGTown of Carrboro AgendaPacket Town Council Meeting 2026-05-19
APPROVEDOrange County Board of Commissioners Agenda Packet April 2026
RECOMMENDEDIssuing Agency
Town of Chapel Hill Department of Housing
Local Housing Authority
Chapel Hill, NC
More from Town of Chapel Hill Department of Housing
Town of Chapel Hill Town Council Meeting Agenda 2026-06-17
Town of Chapel Hill Town Council Meeting Agenda 2026-06-17
Town of Chapel Hill Town Council Meeting Agenda 2026-06-17
Town of Chapel Hill Town Council Meeting Agenda 2026-06-17
Town of Chapel Hill Town Council Meeting Agenda 2026-06-17
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