CONTRACTPLANNED

Grand Forks CLT slated for HOME down payment funds

North Dakota Housing & Finance Agency logoNorth Dakota Housing & Finance Agency
Disclosed value
$500,000
From report
Document date
Jan 1, 2022

The 30-second brief

What it covers

North Dakota Housing Finance Agency plans to allocate $500,000 in HOME funding to Grand Forks Community Land Trust for homebuyer down payment assistance. Assistance will support income-eligible buyers with long-term affordability enforced via ground leases and recapture or resale provisions.

Who holds it

Grand Forks Community Land Trust holds this facilities contract with North Dakota Housing & Finance Agency.

What happens next

Term as filed: Period of affordability ranges from 5 to 15 years depending on HOME down payment assistance per unit.

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Contract details

Contract type
Facilities
Amount
$500,000
Document date
January 1, 2022
Term
Period of affordability ranges from 5 to 15 years depending on HOME down payment assistance per unit
Source document
2022_home_program_distribution_statement.pdf (Report)

Grand Forks Community Land Trust's other public contracts

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Questions about this contract

Who was awarded the facilities contract by North Dakota Housing & Finance Agency?

Grand Forks Community Land Trust was awarded this facilities contract by North Dakota Housing & Finance Agency, as recorded on January 1, 2022. The contract value is $500,000.

How much is the Grand Forks Community Land Trust contract with North Dakota Housing & Finance Agency worth?

The Grand Forks Community Land Trust contract with North Dakota Housing & Finance Agency is valued at $500,000, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a report record.

Where was this contract approved?

This contract appears in 2022_home_program_distribution_statement.pdf (Report), dated January 1, 2022 from North Dakota Housing & Finance Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Grand Forks Community Land Trust hold?

Grand Forks Community Land 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.

What is North Dakota Housing & Finance Agency currently buying?

Explore North Dakota Housing & Finance Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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