Sally, a staff member reporting on public housing disposition, updated the Wichita Housing Authority Board on progress moving units out of the Authority’s portfolio.
Sally said the authority has sold 173 of the properties it was authorized to sell (out of an authorized total of 215). She told the board that four of those sales closed to public housing residents and 38 sales were to individual homebuyers; 47 properties have been sold to nonprofit partners for renovation and future affordable homeownership. Sally said the authority received approval Friday on four of the five applications required and ‘‘received approval of the 4 of the fifth and final application, which now grants us permission to move forward with disposition.’’
Sally told the board the authority is working with a broker, Home Real Estate, to market units and that once units are transferred to the broker they have been receiving offers within days. She said the authority is deliberately phasing broker transfers to avoid local market disruption and that the authority would begin presenting the disposition update as a monthly new‑business item through the rest of the year.
The board moved to receive and file the HUD recovery agreement status update and the public housing disposition update report; the motion passed unanimously, 7-0.
Sally said properties currently offered for sale are listed on the authority’s website and that staff will connect interested parties to the broker for details.