Commissioners debate lot‑sale model, affordability and turnover at local developments
Commissioners discussed using a lot‑sale model that requires buyers to hold a construction loan (reducing HRA risk), local occupancy patterns at Gunflint View and The Heights, and unmet demand at the 50% AMI level and for senior housing.
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Commissioners used the review of board projects to discuss models for advancing Birch Grove and other local development sites. Commissioner Hansen referenced a local developer's shift from building completed houses to selling lots requiring a construction loan, and suggested that a similar model could work at Birch Grove to reduce HRA risk while preserving affordability.
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