OTHERAUTHORIZED

99-Year Ground Lease for Townhomes Approved

The Council will authorize a 99-year ground lease agreement with Community Home Trust for the townhomes in the Homestead Gardens Affordable Housing Development. This long-term lease facilitates affordable residential construction.

Status
AUTHORIZED
Document date
June 17, 2026
Contract type
OTHER
Vendor
Community Home Trust
Agency
Town of Chapel Hill Department of Housing · NC

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
OTHER
Contract term
99 years
Renewal date
2125-06-17
Renewal
Single 99-year initial lease term, standard for affordable housing projects.
Document type
Agenda
Source document
Town of Chapel Hill Town Council Meeting Agenda 2026-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Chapel Hill Department of Housing?

Community Home Trust was awarded this government contract by Town of Chapel Hill Department of Housing, as recorded on June 17, 2026.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Chapel Hill Town Council Meeting Agenda 2026-06-17 (Agenda), dated June 17, 2026 from Town of Chapel Hill Department of Housing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Community Home Trust hold?

Community Home Trust 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 Community Home Trust's profile

What is Town of Chapel Hill Department of Housing currently buying?

Explore Town of Chapel Hill Department of Housing's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Chapel Hill Department of Housing's profile

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