Property Sale & Development - 9 Davis Street / E.D.

The City of Worcester is selling a vacant 4,017‑sq‑ft parcel at 9 Davis Street to a qualified developer who must construct a single‑family detached home, retain owner‑occupancy for 30 years, and adhere to strict affordable‑housing resale restrictions. Bids were submitted by December 1 2023, with a deadline of January 24 2024; the winning bid was submitted by Habitat for Humanity at $34,100, exceeding the $33,800 minimum. The developer must provide a 10 % bid security, secure financing, obtain all permits, conduct environmental due diligence, and complete construction within 30 months or the title reverts to the City. The contract includes extensive indemnification, non‑assignment, and tax‑exempt use restrictions. • Minimum purchase price $33,800; winning bid $34,100. • 30‑month construction deadline; 30‑year owner‑occupancy & resale covenants. • All development costs (permits, utilities, construction) borne by the purchaser; City retains title if requirements aren’t met.