FINANCIAL_SERVICESONGOING

MACLT HOME Assistance Lien Agreement with Resale Conditions

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.

Status
ONGOING
Document date
December 1, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Minot Area Community Land Trust
Agency
North Dakota Housing & Finance Agency · ND

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Varies based on direct HOME assistance provided; less than $25,000, $25,000-$50,000, or more than $50,000
Contract type
FINANCIAL_SERVICES
Contract term
Affordability period: 5, 10, or 15 years after Completion Date, based on subsidy amount
Renewal
Affordability period auto-terminates upon expiration (5, 10, or 15 years post-completion date) or early repayment/recapture; renewal triggers only if written amendments are issued by MACLT.
Document type
Agreement
Source document
chap_declaration_of_lien_interest_resale_instructi.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

View Minot Area Community Land Trust's 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.

View North Dakota Housing & Finance Agency's profile

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