Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing topic
No spam. Unsubscribe anytime.
Board approves sale of county parcel to HRA/EDA for market-rate housing project at reduced price
Summary
Hubbard County agreed to sell parcel 7030180 to the HRA/EDA at a reduced rate to support a proposed market-rate housing project and will reimburse timber value and permit selective harvest prior to conveyance.
The Hubbard County Board approved selling parcel 7030180 to the county's HRA/EDA at less than market value to support a proposed market-rate housing development.
County administration asked the board to determine the sale met criteria for reduced-rate conveyance—specifically that the property will be used for housing that is needed in the area and that the conveyance aligns with local goals. The administrator reported developers have expressed interest at the proposed price level and that the HRA/EDA will present options and developer conversations at its separate meeting.
Commissioners discussed keeping some tax-forfeit acreage off the sale and confirmed they would reimburse the county for timber value; staff said a selective harvest is planned before the transaction completes. Commissioners voted to approve the sale and the reduced-rate determination.
Why it matters: Putting county-owned land into active housing development can add to the local tax base and support housing supply; the decision also reflects the board's policy discretion to sell property at reduced value for specified public-purpose uses.
The board approved the county portion of the transaction and the HRA/EDA will take the next steps with developers. The administrator said the HRA/EDA will present additional options during its meeting after the county session.
