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Council approves RFP process for management or sale of Waverly low‑rent housing properties; HUD involvement noted

Waverly City Council · October 29, 2025

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Summary

The council voted unanimously to accept a request for proposals for sale or management options for the city's low‑rent housing properties. Council and Housing Commission members said HUD rules will govern any outcome; staff noted paperwork issues have hampered federal reimbursements and a broker and HUD attorney will be engaged in next steps.

The Waverly City Council on Nov. 3 voted to accept a request for proposals seeking options for the sale or management of the city's low‑rent housing properties.

Council and Housing Commission members said the RFP will invite proposals ranging from doing nothing to bringing in new management, nonprofit or for‑profit ownership, or other alternatives. The Housing Commission recommended soliciting proposals to identify possible alternatives to the current city management structure.

Commission and staff members told the council that any significant change would require HUD review and approval. A Housing Commission representative said paperwork for the properties has been out of order, which has prevented the city from receiving federal reimbursements; staff indicated engaging a broker and a HUD attorney to guide the process and provide clearer options.

Councilmember comments emphasized reassurance to residents that HUD rules would constrain owner changes and that the city’s intent is to preserve low‑income housing while exploring management options. Council approved Resolution 25‑140 on a unanimous roll call vote.

Staff and councilmembers said community listening sessions will continue so residents of the affected properties can offer input as proposals are developed.