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County agrees in principle to allow housing authority to use existing 30‑unit property as match for affordable‑housing funds
Summary
Walworth County staff told the Finance Committee the Housing Authority’s plan to record a 20‑year restricted covenant on an already‑owned 30‑unit Delavan property would qualify as the agency’s match for county affordable‑housing funding; the committee accepted the staff interpretation and approved moving forward.
Walworth County staff asked the Finance Committee to endorse their interpretation that the Walworth County Housing Authority (WCHA) may use an existing 30‑unit apartment it already owns as the required match for county affordable‑housing funding, provided the Housing Authority records a 20‑year restricted covenant preserving the property as affordable housing. Finance staff said…
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