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HomeMy WebLinkAbout2011-08-24 Housing PACKET Ashland Housing Commission Regular Meeting Agenda th Wednesday, August 24 2011: 4:30 – 6:30pm Council Chambers – 1175 East Main Street 1. (4:30) Approval of Minutes (5 min) nd June 22 2011 2. (4:35) Public Forum (5 min) 3.(4:40)Buildable Lands Inventory Presentation (30 min) Brandon Goldman-Long Range Planner 4. (5.10) Preservation Projects Letter (15 min) Barbara Barassa 5.(5:25)Trust Fund Financing (15 min) James Dills 6.(5:40) Clay Street/Chitwood Options reconsideration (30 min) Regina Ayars 7.(6:10)Liaison Reports discussion (10 min) Liaison Reports Council (Mike Morris) Staff(Linda Reid) General Announcements th 8.(6:20) September 28, 2011 MeetingAgenda Items (5 min) CDBG Consolidated Annual Performance Evaluation Report Presentation Commissioner items suggested(5 min) Quorum Check – Commissioners not available to attend upcoming regular meetings should declare their expected absence. 9.(6.25)Upcoming Events and Meetings Homeless Task Force Meeting- September 20, 2011: 10:30-12:00: Housing Authority Conference Room 2231 Table Rock Road, Medford Next Housing Commission Regular Meeting 4:30-6:30 PM; September 28, 2011 10. (6:30) Adjournment In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the Community Development office at 541-488-5305 (TTY phone is 1-800-735-2900). Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to the meeting(28 CFR 35.102-35.104 ADA Title 1). Housing Commission Memo Title:Minutes from the previously held meeting Date: August 24, 2011 Submitted By: Linda Reid, Housing Program Specialist The minutes from the previously held meeting will be available for your review at the meeting.Sorry about the delay. Housing Commission Memo Title:Clay/Chitwood Property Options Date: July 27, 2011 Submitted By: Linda Reid, Housing Program Specialist Question Would the Housing Commission like to amend the recommendation made at the June 22 regular meeting? Background At the June 22 regular Housing Commission meeting the Housing Commission reviewed the options put forward by staff regarding the next steps with the remaining property located at 360 Clay Street and the recently available Chitwood property. Housing Commission Recommendation Issue and RFP for both the Clay Street and Chitwood properties to develop a mixed income development that includes affordable rental and ownership housing targeted to households at 120% Area Median Income and below. Staff Proposed Options Option #1: Land Bank-Given current land values, in the event the property is to be sold in whole or in part for market rate development the Commission, and ultimately the Council, may want to consider delaying a sale until a later date when market conditions have improved in order to maximize returns. Further, delaying a final decision on disposition may be an alternative should the Commission or Council desire to complete a detailed analysis of housing needs prior to determining the mix of income and unit types to be provided. Option #2: Sell the land for Market Value- Determine market value of property (see comparable property estimates attached) Public hearing on disposition of public property Execute purchase and sale agreement Option #3: Soliciting a proposal for an affordable/mixed-income development- Determine development potential Develop RFP for property HC review of RFP Council review and issuance of RFP Developer selection HC recommendation/Council decision Public hearing on disposition of public property Execute purchase and sale agreement Project Development phase