City of High Point Community Development Committee Agenda September 2024
810 Mobile Street Conveyed to Housing Consultants Group
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Description
The City of High Point approved conveyance of 810 Mobile Street to Housing Consultants Group for the purpose of selling the unit to an income-eligible household; HCG will retain the proceeds for further affordable housing initiatives.
Contract Details
Contract Amount
To be sold at a price range of $172,500–$239,900 (proceeds retained by HCG for further development)
Vendor
HOUSING CONSULTANTS GROUP
Agency
City of High Point city, NC
Contract Type
PROFESSIONAL_SERVICES
Document Date
September 10, 2024
Contract Term
Conveyance upon City approval and publication; sale of property to occur thereafter
Renewal Info
Property must be used for owner-occupied affordable housing, otherwise reverts to the City. No explicit renewal terms.
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