A Pre-Development Agreement was executed between the City and Champlain Housing Trust (CHT) on October 16, 2018 after being approved by City Council. This Pre- Development Agreement envisions a CHT built perpetually affordable homeownership...Pre-Development Agreement • February 11th, 2021
Contract Type FiledFebruary 11th, 2021This is the initial proposed agreement submitted to the City by CHT. City staff is working with our attorney to draft a response, and we seek approval to continue negotiations on behalf of City Council. Ultimately, a final development agreement would be presented for City Council approval in the coming months.