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Bid Title: Town Farm Request for Proposals
Category: Governor Stoughton Trust - Town Farm
Status: Closed

Description:

The Trustees of the Governor Stoughton Trust of Milton, MA (the “Trust”) invites proposals for the lease of the property (approximately 4 acres) located at 165 Governor Stoughton Lane, Milton, MA, 02186 to develop no more than 35 units of affordable rental housing. At least 50% of the units shall be affordable to households having an income of no more than 80% of Area Median Income. The Trust anticipates entering into a 99-year Ground Lease.

Full terms and conditions of the lease agreement are available as an attachment to the RFP. Sealed proposals will be received until 11:00 am, local time, on February 16, 2024 at the Select Board/Town Administrator’s Office, 525 Canton Ave, Milton, MA 02186. All proposals shall comply with the RFP issued by the Town. The Trust reserves the right to waive any informality or to reject any, any part of, or all proposals in the best interests of the Trust

Publication Date/Time:
12/6/2023 12:00 AM
Closing Date/Time:
2/16/2024 11:00 AM
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