MACLT HOME Assistance Lien Agreement with Resale Conditions
North Dakota Housing & Finance AgencyLocal Housing Authority · Bismarck, ND- Disclosed value
- Varies based on direct HOME assistance provided; less than $25,000, $25,000-$50,000, or more than $50,000
- From agreement
- Document date
- Dec 1, 2025
The 30-second brief
Minot Area Community Land Trust (MACLT) administers HOME-funded down payment assistance loans to low-income homebuyers, securing repayment through a declaration of lien and resale restrictions for a defined affordability period. The contract requires repayment or recapture if the property is sold or transferred during the term.
Minot Area Community Land Trust holds this financial services contract with North Dakota Housing & Finance Agency. Its other public contracts on record include work for City of Minot.
Term as filed: Affordability period: 5, 10, or 15 years after Completion Date, based on subsidy amount.
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Contract details
- Contract type
- Financial Services
- Amount
- Varies based on direct HOME assistance provided; less than $25,000, $25,000-$50,000, or more than $50,000
- Document date
- December 1, 2025
- Term
- Affordability period: 5, 10, or 15 years after Completion Date, based on subsidy amount
- Source document
- chap_declaration_of_lien_interest_resale_instructi.pdf (Agreement)
Minot Area Community Land Trust's other public contracts
More North Dakota Housing & Finance Agency contracts
Questions about this contract
Who was awarded the financial services contract by North Dakota Housing & Finance Agency?
Minot Area Community Land Trust was awarded this financial services contract by North Dakota Housing & Finance Agency, as recorded on December 1, 2025. The contract value is Varies based on direct HOME assistance provided; less than $25,000, $25,000-$50,000, or more than $50,000.
How much is the Minot Area Community Land Trust contract with North Dakota Housing & Finance Agency worth?
The Minot Area Community Land Trust contract with North Dakota Housing & Finance Agency is valued at Varies based on direct HOME assistance provided; less than $25,000, $25,000-$50,000, or more than $50,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agreement record.
Where was this contract approved?
This contract appears in chap_declaration_of_lien_interest_resale_instructi.pdf (Agreement), dated December 1, 2025 from North Dakota Housing & Finance Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Minot Area Community Land Trust hold?
Minot Area Community Land Trust 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 North Dakota Housing & Finance Agency currently buying?
Explore North Dakota Housing & Finance Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.