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RDA approves $1 option for NeighborWorks Green Bay on 302 Merritt Avenue, developer to buy later for $10,000
Summary
The Oshkosh Redevelopment Authority unanimously approved an option allowing NeighborWorks Green Bay to secure 302 Merritt Avenue for an infill duplex project, with an eventual purchase price of $10,000 and the option fee credited toward that amount.
The Oshkosh Redevelopment Authority on a unanimous roll call approved an option letting NeighborWorks Green Bay secure 302 Merritt Avenue as the prospective site for a duplex, with a $1 option fee and an eventual purchase price set at $10,000.
The decision advances the authority's effort to promote infill housing on RDA-owned lots identified in the city's recent housing study. City staff said NeighborWorks has been working through concept designs and will finalize plans, bid construction and then market units once built.
Mark Lyons, planning manager, said the city has been marketing RDA-owned infill lots to increase workforce housing and that NeighborWorks has developed…
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