City of Springfield Regular Meeting Minutes April 2026
ARPA Housing Agreement Amended with Clark County Land Bank
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Description
Springfield approved Amendment No. 1 to its ARPA Subrecipient Grant Agreement with the Clark County Land Reutilization Corporation, removing the conventional loan requirement for homebuyers and extending the construction timeline from two to three years. The Land Bank will build eight homes with ARPA funds, using sales proceeds to finish remaining units.
Contract Details
Vendor
CLARK COUNTY LAND REUTILIZATION CORPORATION
Agency
Town of Springfield, OH
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
Construction timeline extended from two years to three years
Renewal Info
Amendment No. 1 extends the construction period of performance from two years to three years and loosens financing requirements for homebuyers.
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