Title
Infill Housing (B)
This item proposes to build three single-family detached homes on scattered sites for resale to low-income first-time homebuyers.
Explanation
The Housing Division is proposing to build three single-family detached homes for resale to low-income first-time homebuyers on the following vacant lots: 2406 N.E. 6th Avenue, 2523 N.E. 3rd Place, and 338 S.W. 8th Avenue. The houses will be Cedar Grove model house plans with approximately 1400 square feet of heated and cooled space and two-car garages.
At the June 12, 2006 City Commission meeting, the City Commission approved the Amended Local Housing Assistance Plan for fiscal years 2005-2008, which included a New Construction Program Strategy for infill housing. The proposed new houses are consistent with this strategy.
Fiscal Note
Funds are available in the amount of $350,000 in the Housing Division's FY2005-2006 HOME and SHIP budgets to cover the cost of construction.
Recommendation
The City Commission: 1) declare the properties located at 2406 N.E. 6th Avenue, 2523 N.E. 3rd Place, and 338 S.W. 8th Avenue as surplus properties; 2) authorize the Housing Division to construct three-bedroom, two-bath houses with two-car garages on vacant sites located at 2406 N.E. 6th Avenue, 2523 N.E. 3rd Place, and 338 S.W. 8th Avenue; 3) authorize the sale of the newly constructed homes at market value to eligible low-income homebuyers that will be identified at a future date; 4) authorize the Housing Division to provide the grants and/or subsidies required to make the purchase of the properties affordable for low-income homebuyers; 5) authorize the City Manager or designee to execute the required purchase and sale agreements, grant or subsidy agreements and any other certifications or assurances required to transfer ownership to the homebuyers that will be identified at a later date; 6) authorize the Mayor and Clerk of the Commission to execute the warranty deeds required to tran...
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