SUBJECT:
Title
Request Approval of Second Amendment of Marion County Standard Professional Service Agreement New Construction Project Between Habitat for Humanity of Marion County, Inc. and Marion County (Budget Impact - None)
Body
|
INITIATOR: |
DEPARTMENT: |
|
Cheryl Butler, Director |
Community Services |
DESCRIPTION/BACKGROUND:
On November 14, 2023, Habitat for Humanity of Marion County, Inc. (Habitat) submitted a proposal to Community Services for State Housing Initiative Partnership (SHIP) funding for the construction of six (6) single-family homes on surplus properties designated for affordable housing under Resolution No. 22-R-252. The original agreement, approved by the Board on March 5, 2024, provided Habitat with SHIP loan funding not to exceed $180,000 per home, with a sales price cap of $200,000 per home. The agreement included $30,000 in down payment and closing cost assistance per homebuyer as part of the build price.
On May 21, 2024, the Board approved the first amendment to the agreement to accommodate a parcel swap after one of the originally conveyed parcels was determined not to be zoned for residential use.
The Second Amendment now presented for Board consideration continues to build upon the original project approved on November 14, 2023. This amendment seeks to modify the original agreement by increasing the down payment and closing cost assistance from $30,000 to $50,000 per homebuyer. This adjustment is intended to enhance affordability and ensure long-term housing stability for the income-qualified families purchasing these homes.
All other terms and conditions of the original agreement remain in effect, including Habitat’s obligation to construct each home to required standards, maintain affordability guidelines, and meet income eligibility requirements.
BUDGET/IMPACT:
None
RECOMMENDED ACTION:
Recommended action
Motion to approve and authorize the Chairman and Clerk to execute all necessary documentation associated with Marion County Standard Professional Services Agreement between Marion County and Habitat for Humanity of Marion County, Inc.
end