Raleigh City Council Agenda 2026-06-02
City Ratifies and Renews Home Revitalization Contract
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Description
Raleigh will ratify work by Preserving Home, Inc. under the Home Revitalization Program since March 30, 2026 and authorize a new one-year professional services contract not to exceed $1,300,000. The engagement supports zero-interest, forgivable home repair loans for low-income homeowners using 2020 Affordable Housing Bond funds.
Contract Details
Contract Amount
Not to exceed $1,300,000
Vendor
PRESERVING HOME INC
Agency
Raleigh Water, NC
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 30, 2026
Contract Term
One year, through March 30, 2027 (remaining time permitted under original contract)
Renewal Date
2027-03-30
Renewal Info
Original two-year contract executed March 29, 2024 with option to renew to March 30, 2027; renewal was missed administratively. New one-year contract will cover the remaining period allowed under the original agreement.
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