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Commissioners approve documents to advance 500 East Main affordable housing project; ask for tenant-selection and long-term protections
Summary
The board reviewed documents for a 195-unit affordable housing project on the county-owned 500 East Main site; commissioners sought assurances that 40-year affordability terms, a county right of control and a process to connect units to the existing homeless-services waiting list would be incorporated before HUD closing.
County staff told commissioners the 500 East Main Street affordable housing project is moving toward HUD financing and that key documents require the board’s authorization this month so the developer can proceed toward closing.
Commissioner Olivia Jacobs (full first name used in meeting) led a line of questioning seeking clarity on the length and enforceability of affordability and on how low-income units would be matched to needs identified by city and county homelessness and housing partners. County staff said the county will retain ownership of the land under a long ground lease (described as a 99-year lease) and that the project structure follows the model used for the…
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