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Stevens County adopts 20‑year payback option for affordable housing aid, reappoints Charlotte Culbertson
Summary
The county selected option C — a 20‑year payback structure judged more favorable to homeowners — for the Stevens County HRA’s state affordable housing aid program and reappointed Charlotte Culbertson to the housing authority board for a five‑year term.
During the meeting the Stevens County Board of Commissioners approved revisions to the Stevens County Housing and Redevelopment Authority’s (HRA) state affordable housing aid proposal and reappointed Charlotte Culbertson to another five‑year term on the HRA board.
Jessica (county staff) summarized proposed changes discussed at a prior work session. The primary adjustments relate to how the HRA structures a payback requirement if a homeowner sells within a fixed span: staff provided three alternative payback schedules that shorten earlier proposals from 30 years to 20 years and alter how the county reduces the HRA’s share over time. The three options were described as (a) a reallocation of the final 10 years on the payback requirement, (b) restructuring percentages over 20 years instead of 30, and (c) a straight 5% reduction per year over 20 years that offers more front‑end relief to the homeowner.
Board members discussed the options and several commissioners said option C appeared more favorable to homeowners because it provided a steadier annual reduction in the HRA share. The board voted to adopt option C for the program’s payback structure and instructed staff to finalize the draft language and signature pages so the HRA could proceed with an imminent project.
Earlier in the meeting the board also acted on an appointment: the board reappointed Charlotte Culbertson to a new five‑year term on the Stevens County Housing and Redevelopment Authority board; her previous appointment filled a vacancy after a commissioner’s departure and her next term will run through July 31 (as recorded in the meeting packet and on the record).
Why it matters: The adopted payback schedule affects how devoting state affordable housing aid stays with a property or is repaid to the HRA if an assisted homeowner sells within the program period; the board said the change will help move an HRA project forward.
What’s next: staff will finalize the updated HRA proposal language and circulate signature pages for execution; the HRA will proceed with project planning that the board said is time‑sensitive.
