Housing Authority of Clackamas County Resolution 2003 Development Agreements March 2026
Proud Ground Awarded CLT Partnership for Homeownership
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Description
The Housing Authority of Clackamas County authorized negotiation of a development agreement with Proud Ground for the transfer and operation of up to 60 scattered site homes using a land trust model to provide long-term affordable homeownership. HACC may issue seller financing for up to three years, payable on sale to qualified home buyers.
Contract Details
Vendor
PROUD GROUND
Agency
Clackamas County, OR
Contract Type
OTHER
Document Date
March 7, 2026
Contract Term
up to three years (seller financing to CLT, paid upon sale to qualified homebuyer)
Renewal Date
2029-03-12
Renewal Info
Seller financing term up to three years; development agreement language to be finalized and may include further extension or amendment on Board approval.
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