Land Banking Purchase Considered From Mineral Creek Homes

Silverton Housing Authority is considering a $4.136 million purchase from Mineral Creek Homes, Inc. for land banking tied to a Proposition 123 affordable housing project. The agreement sets an inspection deadline of March 31, 2027 and a closing deadline of May 31, 2027.

Document date · September 14, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$4,136,000.00

Contract type

OTHER

Contract term

Inspection Deadline: March 31, 2027; Closing Deadline: May 31, 2027

Renewal date

2027-05-31

Renewal

Buyer must submit proof of LOI by 2026-10-31, application by 2027-01-31, and award/loan commitment by 2027-02-28. If the milestones are not met, the seller may terminate and the deposit is refunded.

Document type

AgendaPacket

Source document

Town of Silverton AgendaPacket Regular Meeting 2026-09-14

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Silverton Housing Authority AgendaPacket 2026-08-24

PENDING

Town of Silverton, Colorado$4,136,000.00Aug 24, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Silverton?

Mineral Creek Homes Inc was awarded this government contract by Town of Silverton, as recorded on September 14, 2026. The contract value is $4,136,000.00.

How much is the Mineral Creek Homes Inc contract with Town of Silverton worth?

The Mineral Creek Homes Inc contract with Town of Silverton is valued at $4,136,000.00.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Silverton AgendaPacket Regular Meeting 2026-09-14 (AgendaPacket), dated September 14, 2026 from Town of Silverton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mineral Creek Homes Inc hold?

Mineral Creek Homes Inc 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 Mineral Creek Homes Inc's profile

What is Town of Silverton currently buying?

Explore Town of Silverton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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