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Elyria committees approve transfer of parcel to Lorain Metropolitan Housing Authority for Wilkes Villa RAD conversion

2160182 · January 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a Jan. 27 joint meeting, Elyria Community Development and Finance committees recommended emergency legislation to transfer a city-owned lot back to Lorain Metropolitan Housing Authority so LMHA can include it in a planned RAD conversion and apply for financing.

At a Jan. 27, 2025 joint Community Development and Finance meeting, Elyria committee members voted to recommend an emergency ordinance transferring a city-owned parcel in the Wilkes Villa development to the Lorain Metropolitan Housing Authority (LMHA). The transfer is intended to give LMHA site control needed for a Rental Assistance Demonstration (RAD) conversion and to support an application for 4% low-income housing tax credits through the Ohio Housing Finance Agency.

LMHA attorney Scott Aurelia and LMHA Chief Financial and Development Officer Colleen Detilio explained that the parcel was conveyed to the city in 1974 with a deed restriction requiring it be used as a playground. Aurelia said LMHA discovered the parcel remained under city ownership when a surveyor working on LMHA’s Wilkes Villa redevelopment application found the gap in site control. “We own all of the parcels there, except for one that was conveyed … to…

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