Mayor Jay Ruais Announces Public Auction for Sale of Surplus City-Owned Lands

MANCHESTER, NH — Mayor Jay Ruais is pleased to announce a public auction to be held on Saturday, June 8, 2024, at 10 AM at JFK Coliseum, for the sale of surplus city-owned lots. This auction represents a pivotal step in addressing Manchester’s affordable housing shortage.

In a joint effort involving key city departments-Tax Collector, Assessing, Planning and Community Development, Public Works, and the Solicitor’s Office-the City has identified 20 lots across 15 sites that are surplus to its needs.

Mayor Ruais highlighted the importance of this initiative, stating, “In Manchester, we believe in turning surplus into service. The auction of city-owned lands isn’t just about transactions; it’s about transforming our surplus into solutions. With 100% of net profits directed to our Affordable Housing Trust Fund, we’re not just selling land; we’re investing in the very fabric of our community, ensuring that every dollar spent today builds a bridge to a more equitable tomorrow.”

This public auction is part of Mayor Ruais’ broader strategy to address affordable housing and homelessness in Manchester. By selling surplus city-owned properties and reinvesting the proceeds into the Affordable Housing Trust Fund, the City is taking a proactive approach to creating sustainable housing solutions and supporting its residents’ needs.

“I would like to thank the Board of Alderman for their overwhelming support of this initiative, their proactive efforts to address this challenge is a great service to our community,” added Ruais.

To view Mayor Ruais’ recorded ad for one of the pieces of land: Click Here<https://www.youtube.com/@MayorJayRuais-ge9lr/videos>