Housing Authority of Clackamas County Resolution 2003 Development Agreements March 2026
HACC to negotiate CLT sale agreements with DevNW
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Description
The Housing Authority of Clackamas County is authorized under Resolution 2003 to negotiate and execute development agreements with DevNW for the sale of portions of its scattered site and contiguous public housing portfolios. Approximately 60 units may be transferred at or below fair market value through a community land trust model, with potential seller financing for up to three years to support affordable homeownership for income-qualified households.
Contract Details
Vendor
DEVNW
Agency
Clackamas County, OR
Contract Type
OTHER
Document Date
March 12, 2026
Contract Term
Loan term of up to three years for any seller financing; development agreement term not specified
Renewal Info
Resolution 2003 allows HACC to offer seller financing to the community land trust with a loan term of up to three years, repaid upon sale to qualified homebuyers; no explicit renewal or extension options are described.
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