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Commission presses staff on affordable-home sales, wait lists and mortgage barriers
Summary
Commissioners asked staff detailed questions about the city's affordable-home inventory, the right-of-first-refusal process and why qualified applicants may fail mortgage underwriting; staff said about half of recent units went to the regular market and the city has increased its wait list from ~30 to ~45.
Commissioners spent an extended portion of the meeting questioning staff about the city's affordable-housing sales, the right-of-first-refusal process for deed-restricted homes and common barriers that prevent income-qualified residents from completing purchases.
Staff update: The city reported six deed-restricted homes are currently on the market; three of those will exit the city's right-of-first-refusal window by year-end. "As of now, we've had…
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