City Land Sale Proposed for Community Land Trust Housing | City of Welland | COMMUNITY LAND TRUST OF NIAGARA

Scope & details

The full contract record, as filed.

Contract amount

$3.00 land sale; $7,500 study grant; $35,000 forgivable loan; Planning & Building fees grant (~$15,000); $78,000 from Affordable Housing Reserve Fund; conveyance land value approx. $561,000; Tax Increment Grant approx. $633,510 over 10 years

Contract type

FACILITIES

Contract term

Land conveyance in perpetuity for affordable housing; Tax Increment Grant over 10 years

Renewal

Tax Increment Grant anticipated over a 10-year period; land conveyance to be subject to an agreement ensuring perpetual affordable housing use, with no renewal specified.

Document type

AgendaPacket

Source document

City of Welland Council Meeting Agenda Packet November 2025

Related contracts

Other contracts from Community Land Trust of Niagara.

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Town of Niagara-on-the-Lake AgendaPacket Committee of the Whole - Planning 2026-09-15

DISCUSSED

Town of Niagara-on-the-Lake, CanadaSep 15, 2026

City of Welland Council Meeting Minutes November 2025

APPROVED

City of Welland, Canada$3.00Nov 18, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Welland?

Community Land Trust of Niagara was awarded this facilities contract by City of Welland, as recorded on November 18, 2025. The contract value is $3.00 land sale; $7,500 study grant; $35,000 forgivable loan; Planning & Building fees grant (~$15,000); $78,000 from Affordable Housing Reserve Fund; conveyance land value approx. $561,000; Tax Increment Grant approx. $633,510 over 10 years.

How much is the Community Land Trust of Niagara contract with City of Welland worth?

The Community Land Trust of Niagara contract with City of Welland is valued at $3.00 land sale; $7,500 study grant; $35,000 forgivable loan; Planning & Building fees grant (~$15,000); $78,000 from Affordable Housing Reserve Fund; conveyance land value approx. $561,000; Tax Increment Grant approx. $633,510 over 10 years, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Welland Council Meeting Agenda Packet November 2025 (AgendaPacket), dated November 18, 2025 from City of Welland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Land Trust of Niagara hold?

Community Land Trust of Niagara 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 Community Land Trust of Niagara's profile

What is City of Welland currently buying?

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