The Summit County Council convened on February 1, 2024, to discuss key developments in affordable housing and project timelines within the county. The meeting focused on the specifics of housing units being planned, including their affordability levels and the demographics they aim to serve.

The council reviewed a proposal for 65 units designated for individuals earning 44% of the Area Median Income (AMI) and 152 units for those at 60% AMI. The discussion highlighted the types of jobs that would qualify residents for these units, such as receptionists and bakers for the lower AMI units, and emergency service providers and retail managers for the higher AMI units. This classification aims to clarify the income brackets of potential residents and the affordability of the housing being developed.

A detailed table was presented, illustrating the maximum rent for various unit sizes based on AMI. For instance, a one-bedroom unit at 40% AMI would have a maximum rent of approximately $1,100, including utilities, as dictated by deed restrictions.

The council also addressed the timeline for delivering these housing units. It was noted that the development process is lengthy, involving infrastructure development, site plan approvals, and building permits. The first units are projected to be delivered by 2027, with preliminary work on entitlements and infrastructure design taking place in 2024. Construction is expected to begin in 2025, with a significant push towards completion in 2026 and 2027.

The council emphasized that the delivery of these units will be gradual, allowing for better management of traffic and other community impacts. This phased approach aims to ensure that the integration of new housing into the community is smooth and manageable.

Overall, the meeting underscored the council's commitment to addressing affordable housing needs while providing a clear timeline for the community's development. Further discussions on traffic and infrastructure solutions are anticipated as the project progresses.