AGENDA DATE: 12/15/2021
TITLE:
Title
The Southwood Redevelopment Project
BODY
SUBJECT/PROPOSAL/REQUEST: Proposed additional support the Southwood Redevelopment project
ITEM TYPE: Consent Information Item
STAFF CONTACT(S): Stacy Pethia
PRESENTER (S): Stacy Pethia
LEGAL REVIEW: Not Required
REVIEWED BY: Jeffrey B. Richardson
BACKGROUND: In October 2016, Albemarle County and Habitat for Humanity of Greater Charlottesville entered into a public-private partnership for the redevelopment of the Southwood Mobile Home Village. Since that time, the County has invested $5,025,000 in the redevelopment project, including $1,050,000 in Community Development Block Grant funds, $675,000 from the Housing Fund, $3,200,000 in county revenue and property tax rebates through the 2019 Performance Agreement, and an estimated $100,000 of staff time.
STRATEGIC PLAN: Infrastructure Investment - Prioritize and invest in critical infrastructure that responds to past and future changes and improves the capacity to serve community needs.
DISCUSSION:
Work on the project is progressing and staff has identified two additional project-related items in need of county support - the hiring of a full-time project manager dedicated to the Southwood project and matching funds for a Virginia Brownfields Remediation and Economic Revitalization (VBAF). Both items are outlined briefly below.
Project Manager for the Southwood Redevelopment Project - $170,000
Each of the funding streams above is obligated to its own scheduling, compliance, and regulatory requirements. It is vital that Habitat staff understands the nuances of the Performance Agreement as well as State and Federal grant requirements. The ability to navigate all of the compliance and reporting requirements of the funding streams will allow Habitat to succeed in reaching its milestones. Delays in reporting or inconsistences reaching compliance measurements for both State and Federal grants could put the County at ri...
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