Town Secures Perpetual Housing Restriction from Bratt LLC
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Description
Barnstable plans to acquire a perpetual affordable housing restriction from Bratt, LLC on four Hyannis parcels, securing five income-restricted units within a 45-unit residential project at 65% of area median income. The restriction will be granted at no monetary cost to the Town as part of a negotiated transaction.
Contract Details
Contract Amount
No monetary consideration
Vendor
BRATT LLC
Agency
City of Barnstable, MA
Contract Type
OTHER
Document Date
May 28, 2026
Contract Term
Perpetual affordable housing restriction
Renewal Info
Perpetual affordable housing restriction and regulatory agreement under M.G.L. c.184 §§31–32 and the Local Initiative Program; no renewal or end date.
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