CONTRACTAPPROVED

City of Jacksonville Awards Facilities Contract to Historic Eastside Community Development Corp Inc (March 2023)

City of Jacksonville logoCity of Jacksonville
Disclosed value
No-cost conveyance
From minutes
Approved
Mar 7, 2023

The 30-second brief

What it covers

The City of Jacksonville approved donation of nine surplus properties at no cost to Historic Eastside Community Development Corp, Inc. for development of affordable housing, with a requirement to obtain certificates of occupancy within two years and maintain affordability for a limited term. The legislation includes reversionary rights to the City if the affordable housing conditions are not met.

Who holds it

Historic Eastside Community Development Corp Inc holds this facilities contract with City of Jacksonville.

What happens next

Term as filed: Affordable housing use covenant for 10 years from issuance of certificates of occupancy (per amendment reducing in-perpetuity requirement to 10 years).

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Contract details

Contract type
Facilities
Amount
No-cost conveyance
Document date
March 7, 2023
Term
Affordable housing use covenant for 10 years from issuance of certificates of occupancy (per amendment reducing in-perpetuity requirement to 10 years)
Source document
City of Jacksonville Minutes Transportation, Energy & Utilities Committee 2023-03-07 (Minutes)

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Questions about this contract

Who was awarded the facilities contract by City of Jacksonville?

Historic Eastside Community Development Corp Inc was awarded this facilities contract by City of Jacksonville, as recorded on March 7, 2023.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Jacksonville Minutes Transportation, Energy & Utilities Committee 2023-03-07 (Minutes), dated March 7, 2023 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Historic Eastside Community Development Corp Inc hold?

Historic Eastside Community Development Corp Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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