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Oshkosh RDA approves $1 sale of 302 Merit Avenue to neighborhood nonprofit
Summary
The Oshkosh Redevelopment Authority voted to approve Resolution 2603, selling 302 Merit Avenue to Greater Oshkosh Healthy Neighborhoods Incorporated for $1. The nonprofit plans a two-unit affordable duplex funded by grants, in-kind credits and limited financing.
The Oshkosh Redevelopment Authority voted to approve Resolution 2603 on March 17, authorizing the sale of 302 Merit Avenue to Greater Oshkosh Healthy Neighborhoods Incorporated for $1.
The vote followed a presentation from Liz Lass, executive director of Oshkosh Healthy Neighborhoods (also identified as Greater Oshkosh Healthy Neighborhoods Incorporated), who described the project as a pilot to convert a long-vacant lot into two long-term affordable rental units targeted at households earning below 80% of area median income. "If we purchase this property, the project will allow us to transform a vacant parcel into a safe, highquality…
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