During a recent government meeting, concerns were raised regarding the use of preservation funds for a workforce housing project linked to a local church. A participant highlighted the challenges posed by the current real estate market, where market-rate homes are priced around $1.5 million, making affordability a significant issue. The discussion referenced a previous project at 440 West Kelly, where homes priced at $850,000 remained unsold, leading to special permissions for sale to businesses due to high interest rates.
The church involved in the current proposal expressed a desire to retain ownership of the housing units, aiming to sell to a limited pool of buyers, such as social service agencies. This approach is expected to deviate from typical real estate transactions, as the units would likely be used to house employees of these agencies, with rental prices adjusted based on income levels.
Further inquiries were made about potential partnerships with local organizations to enhance the project's viability. The church confirmed ongoing discussions with social service agencies, indicating a mutual interest in collaboration, although no imminent agreements were reported.
Public comments included concerns from local residents about the proposed upzoning of the church property, which would increase the number of allowable dwelling units significantly. A resident expressed alarm over the potential impact on the neighborhood, citing a reliance on historical land use agreements that limited development in the area. The resident also pointed out previous breaches of access agreements related to the property, raising questions about the integrity of the planning process.
The meeting underscored the complexities of balancing community needs for affordable housing with the preservation of neighborhood character and adherence to established land use agreements. As discussions continue, the outcomes will likely shape the future of housing in the area and the relationship between local institutions and residents.