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Council approves $500 quitclaim sale of Southside Union Street lot to Old Hill Infill LLC for one affordable home
Summary
The Springfield City Council voted on Jan. 6 to authorize a quitclaim deed transferring a vacant lot on Southside Union Street to Old Hill Infill LLC for $500 to create one affordable home restricted to households at or below 100% AMI for a period the city identified as 15 years.
The Springfield City Council on Jan. 6, 2025 approved an order authorizing the mayor to execute a quitclaim deed selling a vacant lot on Southside Union Street to Old Hill Infill LLC for $500. City staff said the parcel will be developed as a single home designated for affordable homeownership to a household with income at or below 100% of area median income (AMI), and that the development is funded by a state Neighborhood Stabilization…
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