This contract concerns the sale of a vacant 7,002‑square‑foot parcel at 521 Sunderland Road, Lot 2, Worcester, MA. The City of Worcester solicited bids, set a minimum price of $75,000, and required a 10 % bid security. Habitat for Humanity submitted the winning bid of $100,000 and was awarded the property, becoming the preferred buyer. The buyer must develop the land into a single‑family, owner‑occupied residence, commence construction within 30 days of receiving a building permit, and complete it within 24 months, or the deed reverts to the City. The agreement includes extensive indemnification, environmental liability, and non‑assignment clauses, as well as requirements for title, surveys, and compliance with all local regulations.
• Minimum bid: $75,000; winning bid: $100,000
• Development must be owner‑occupied single‑family home, 20‑year occupancy requirement
• Construction must start within 30 days of permit issuance and finish within 24 months, otherwise ownership reverts to the City.