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CRA approves consent calendar and property transactions including 610 Douglas conveyance and purchase of 925 7th Street
Summary
At the CRA meeting the board approved the consent calendar and two property transactions: conveyance of 610 Douglas Avenue to Neighborhood Renaissance for six rehabilitated historic houses, and acquisition of 925 7th Street for $200,000 to support Tamarind Avenue redevelopment.
The West Palm Beach Community Redevelopment Agency board approved its consent calendar and two real-estate resolutions on the agenda.
Resolution No. 24-65: The board approved the conveyance of the property at 610 Douglas Avenue to Neighborhood Renaissance Inc. for the construction and historic rehabilitation of six frame-vernacular houses as affordable housing. Elise Lifton, CRA real estate manager, said the transaction includes a sale price not to exceed $160,000 based on 80% area median income and a development subsidy from the CRA of $467,153; CRA staff also indicated the agency will donate the land upon certificate of completion. Lifton presented an estimated project cost and timeline; construction completion was projected at roughly 24 months from closing. The motion carried unanimously.
Resolution No. 25-1: The board approved the purchase of the parcel at 925 7th Street from Venita H. Roberts for $200,000. Lifton said the sale and purchase agreement included a $10,000 down payment with the balance due at closing; staff anticipated a January 30, 2025 closing date. Jade Green, deputy director with the CRA, said the parcel is immediately adjacent to CRA-owned land and could be used for circulation or parking to support the Rose Trolley project. A project manager from Historic Northwest described the lot as a standard residential parcel roughly 50 by 140 feet (about 7,000 square feet). The motion carried unanimously.
Consent calendar: The board approved the consent calendar as moved and seconded; the motion carried unanimously. Individual roll-call votes were not read in the transcript excerpt.
Ending: Board members asked clarifying questions about market comps for the 925 7th Street price and about Neighborhood Renaissance's status as a nonprofit provider of historic rehabilitation; staff confirmed the nonprofit status. All listed motions passed unanimously in the CRA meeting excerpt.
