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Commissioners approve deed restriction to keep 735 Marker Rose home affordable in perpetuity

2414420 · February 27, 2025
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Summary

The Board voted to adopt affordability covenants proposed by the Silverton Housing Authority, placing a deed restriction and an authority option to purchase in the event of foreclosure to preserve a single-family home as affordable housing.

The Board of County Commissioners voted to approve affordability covenants proposed by the Silverton Housing Authority for a single-family home at 735 Marker Rose.

Anne, representing the Silverton Housing Authority, told commissioners that three of four homes in a 2023 affordable-housing project already sold and that one remaining home needs an enforceable deed restriction. The authority proposed a covenant that county counsel reviewed to preserve the unit as affordable beyond the 30-year grant requirement and to give the housing authority enforcement rights and an option to purchase in the event of foreclosure.

Anne said the deed restriction requires buyer income verification at the time of purchase — not annually — and that annual compliance checks will confirm the property remains a primary residence and is not used as a short-term rental. Commissioners and a public commenter, Alex Landis, discussed concerns that annual income recertification could be burdensome; Anne and county legal counsel confirmed income verification applies only at sale.

Motion and vote

Commissioner [name not specified in transcript] moved to approve the Silverton Housing Authority affordability covenants for 735 Marker Rose; Commissioner Austin seconded. The motion passed with an affirmative vote.

Ending

Anne said the housing authority will administer the application process for prospective buyers and thanked the commissioners for the approval.