Dare County Terminates Coastal Affordable Housing Contract
Dare CountyCounty · NC- Disclosed value
- Up to $5,000,000 pre‑development; approximately $389,000 spent, $274,000 outstanding invoice, $600,000 escrow for land acquisition
- From meeting minutes
- Document date
- Apr 9, 2024
The 30-second brief
The Dare County Board of Commissioners voted unanimously to halt the workforce housing project with Coastal Affordable Housing and authorize the County Manager to unwind the pre-development agreement. The decision includes canceling CAH’s contract, addressing outstanding predevelopment costs and escrowed funds, and coordinating the return of the $35 million state allocation to the General Assembly.
Coastal Affordable Housing holds this construction contract with Dare County.
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Contract details
- Contract type
- Construction
- Amount
- Up to $5,000,000 pre‑development; approximately $389,000 spent, $274,000 outstanding invoice, $600,000 escrow for land acquisition
- Document date
- April 9, 2024
- Agency
- Dare County
- Source document
- dare-county-meeting-minutes-2024-04-09_695.pdf (Meeting Minutes)
Coastal Affordable Housing's other public contracts
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Questions about this contract
Who was awarded the construction contract by Dare County?
Coastal Affordable Housing was awarded this construction contract by Dare County, as recorded on April 9, 2024. The contract value is Up to $5,000,000 pre‑development; approximately $389,000 spent, $274,000 outstanding invoice, $600,000 escrow for land acquisition.
How much is the Coastal Affordable Housing contract with Dare County worth?
The Coastal Affordable Housing contract with Dare County is valued at Up to $5,000,000 pre‑development; approximately $389,000 spent, $274,000 outstanding invoice, $600,000 escrow for land acquisition, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in dare-county-meeting-minutes-2024-04-09_695.pdf (Meeting Minutes), dated April 9, 2024 from Dare County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Coastal Affordable Housing hold?
Coastal Affordable Housing 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 Dare County currently buying?
Explore Dare County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.