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Board lowers PILT rate for converted public housing to 5% as statute allows
Summary
To keep converted public housing affordable under a HUD transition, Blue Earth County voted to lower the payment-in-lieu-of-taxes rate from 10% to 5% for specified units, citing state statute as authority.
The Blue Earth County Board on April 7 approved a resolution adjusting the payment-in-lieu-of-taxes (PILT) rate for certain public housing units transitioning to city and county ownership under HUD's program. Administration staff explained the change lowers the PILT rate from 10% to 5% "as per state statute" to maintain affordability for low-income households in the converting units.
The resolution was moved, seconded, and approved by voice vote. Administration said the shift follows state guidance for PILT rates on publicly owned housing and applies to the properties identified in the packet; the board did not record any roll-call tallies on the motion.
No specific dollar amounts for county revenue impacts were provided at the meeting; staff said the resolution will be brought forward with any required implementing documents.
