City of Raleigh Awards Lease Contract to Shelter America Group (November 2024)

City authorizes leasing land to Shelter America Group with immediate assignment to BRAD Parkside Apartments, LLC, for affordable housing development, staff negotiated mutually agreeable ground lease terms with the proposed tenant that anticipates the tenant paying $10.00 per year for rent, up to a 85-year lease term.

Document date · November 6, 2024

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Scope & details

The full contract record, as filed.

Contract amount

Contract type

Lease

Contract term

85 years

Document type

Meeting Minutes

Source document

city-of-raleigh-meeting-minutes-2024-11-06_3c0.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the lease contract by City of Raleigh?

Shelter America Group was awarded this lease contract by City of Raleigh, as recorded on November 6, 2024.

What type of contract is this?

This is a Lease contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-raleigh-meeting-minutes-2024-11-06_3c0.pdf (Meeting Minutes), dated November 6, 2024 from City of Raleigh. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Shelter America Group hold?

Shelter America Group 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 Shelter America Group's profile

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