AGENDA DATE: 1/19/2022
TITLE:
Title
Southwood Project Manager
BODY
SUBJECT/PROPOSAL/REQUEST: Request approval from the Board to use $170,000 from the County's Housing Fund to fund a two-year, temporary Housing Projects Manager to coordinate activities associated with the Southwood Redevelopment Project.
ITEM TYPE: Regular Action Item
STAFF CONTACT(S): Richardson, Walker, Dimock, Pethia
PRESENTER (S): Stacy Pethia
LEGAL REVIEW: Not Required
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: The Board of Supervisors adopted a resolution in October of 2016 supporting a collaborative redevelopment process with Habitat for Humanity of Greater Charlottesville (Habitat) for the redevelopment of the Southwood Mobile Home Village and included Phase 1 of the project as part of its Strategic Plan under Revitalizing Urban Neighborhoods.
In January 2018, the Board approved an action plan and authorized the County Executive to sign a performance agreement on behalf of the County in which the County contributed $675,000 to Habitat to assist in its costs to prepare and submit a complete rezoning application for Phase 1 of the Southwood redevelopment project, as well as resident leadership development activities.
A performance agreement was approved by the Board in June 2019 to support up to 155 affordable dwelling units for Phase 1. The County's contribution within the performance agreement includes up to $1.5 million for construction of 75 affordable units, $300,000 for 80 or more Low-Income Housing Tax Credits (LIHTC), and up to $1.4 million over 10 years in property tax rebates.
In addition to the rezoning and performance agreement, the County applied for on behalf of Habitat and was awarded a Community Development Block Grant (CDBG) of $1 million to support 20 affordable units within Phase 1. Habitat was also awarded $1.5 million in HUD HOME funds to support the project.
STRATEGIC PLAN: Thriving Development Areas - Attract quality employment, c...
Click here for full text