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School board OKs intergovernmental agreement with village to pursue affordable‑housing grant, adopts language to protect Morgan Fields
Summary
The Yellow Springs School Board voted to approve an intergovernmental memorandum with the Village to pursue a possible 50‑unit low‑income housing tax credit (LIHTC) project on a 3.6‑acre parcel of Morgan Fields, and unanimously adopted amended language requiring that the district secure replacement athletic fields before selling school land.
The Yellow Springs School Board voted to approve an intergovernmental memorandum of understanding (IGM) with the Village of Yellow Springs to pursue a possible 50‑unit low‑income housing tax credit (LIHTC) project on a subdivided 3.6‑acre portion of Morgan Fields, and amended a district resolution to require replacement fields before any sale of school property.
Board President Judith opened the discussion by describing the district’s role in exploring the opportunity and the process so far, including a planning‑commission recommendation and village involvement in paying legal fees to seek release of a lien on the parcel. Legal counsel David told members that a school‑specific statute allows a board to contract directly with certain taxing…
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