Morganton Awards $325,000 Housing Loans to Western Carolina
City of MorgantonCity · Morganton, NC- Disclosed value
- $125,000 for extension of water service; $125,000 for extension of sanitary sewer service; $75,000 for new streets
- From minutes
- Awarded
- Sep 14, 2026
The 30-second brief
Morganton awarded Western Carolina Developers LLC Housing Stimulus Program loans totaling $325,000 for the Clover Ridge subdivision. The funding supports water, sanitary sewer, and new street infrastructure for a planned 25-home development, with repayment tied to unit sales or rentals.
Western Carolina Developers LLC holds this contract with City of Morganton. Its other public contracts on record include work for Burke County.
Term as filed: Repayment occurs as individual units are sold or rented; the loan is secured by a deed of trust, with 50% of the amount advanced for each unit repaid to the City.
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Contract details
- Amount
- $125,000 for extension of water service; $125,000 for extension of sanitary sewer service; $75,000 for new streets
- Document date
- September 14, 2026
- Term
- Repayment occurs as individual units are sold or rented; the loan is secured by a deed of trust, with 50% of the amount advanced for each unit repaid to the City
- Agency
- City of Morganton
- Source document
- City of Morganton Minutes Regular City Council Meeting September 14, 2026 (Minutes)
Western Carolina Developers LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Morganton?
Western Carolina Developers LLC was awarded this government contract by City of Morganton, as recorded on September 14, 2026. The contract value is $125,000 for extension of water service; $125,000 for extension of sanitary sewer service; $75,000 for new streets.
How much is the Western Carolina Developers LLC contract with City of Morganton worth?
The Western Carolina Developers LLC contract with City of Morganton is valued at $125,000 for extension of water service; $125,000 for extension of sanitary sewer service; $75,000 for new streets.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Morganton Minutes Regular City Council Meeting September 14, 2026 (Minutes), dated September 14, 2026 from City of Morganton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Western Carolina Developers LLC hold?
Western Carolina Developers LLC 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 City of Morganton currently buying?
Explore City of Morganton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.