Huntersville approves sale of 1.68 acres to support attainable‑housing co‑op

The Huntersville Board of Commissioners on Feb. 4 approved a purchase agreement to sell approximately 1.68 acres of surplus town property to a local developer for construction of an attainable‑housing cooperative, part of the town’s broader effort to expand lower‑cost housing options.

Commissioners discussed prior commitments to attainable housing — staff reminded the board that $150,000 was budgeted for attainable housing in the current fiscal year, that the town recently approved a small infill project that includes a single attainable unit, and that two town‑owned properties were donated to Habitat for Humanity in a prior meeting. The purchase agreement approved on Feb. 4 was described in meeting remarks as a public‑private partnership to leverage town land and private capital to create a cooperative housing model.

The motion to approve the purchase agreement carried unanimously at the meeting. Town staff said the agreement and developer plan will move forward under the town’s newly adopted attainable housing program and that the property sale is intended to advance development of multiple attainable units under cooperative ownership or equivalent structures.