Massachusetts COMMBUYS #BD-26-1558-TMS01-TMS01-129949

Acquisition of Real Property for Affordable and Attainable Housing in Chatham, MA

The Town of Chatham, MA is seeking to acquire real property to support affordable and attainable housing initiatives. - Government Buyer: - Town of Chatham, Massachusetts - Chatham Affordable Housing Trust - Property Requirements: - Acquisition of a parcel of land or an existing building within Chatham, MA - Property must be suitable for construction or renovation for residential use - Intended for development of a mix of affordable and attainable housing - Targeted for individuals with incomes from 30% to 200% of Area Median Income - Acquisition may be by purchase, gift, or long-term lease (minimum 99 years) - No specific OEMs or commercial vendors are involved, as this is a real estate procurement - Notable Requirements: - Property must align with the town's affordable housing goals - Flexibility in acquisition method (purchase, gift, or lease) - Minimum lease term of 99 years if not purchased outright

Description

The Town of Chatham, Massachusetts and the Chatham Affordable Housing Trust are seeking to acquire real property by purchase, gift, or lease (minimum term of 99 years) within the Town. The property should be a parcel of land or an existing building suitable for renovation for use as a mix of affordable and attainable housing. The housing is targeted for individuals with incomes ranging from 30% to 200% of the Area Median Income. The project involves acquiring land or property suitable for affordable and attainable housing development within the Town of Chatham.

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