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RDA adopts resolution to award up to $400,000 to Habitat for Tremonton housing project
Summary
The Redevelopment Agency adopted Resolution RDA 25-08 to award up to $400,000 to an applicant identified in the record as "Habitat" for a Tremonton housing project; staff said the project would create one to four units and included recommended conditions in the staff report.
The Redevelopment Agency adopted Resolution RDA 25-08 to approve an award of up to $400,000 to an applicant identified in the meeting as "Habitat" for a housing project in Tremonton, the agency recorded during its meeting. The motion was moved in the meeting and announced as moved by Wes and seconded by Blair; the roll-call responses recorded five "yes" votes (Wes, Brett, Larry, Bo and Brandon).
Staff explained the agency's process for affordable-housing set-asides, saying that when an RDA is established a portion of money brought into the agency must be set aside for affordable housing; Tremonton has chosen to retain and vet projects locally rather than deposit the funds in a state fund. "The maximum amount that we can give is 400,000 to any 1 applicant in any given year," a staff member said during the discussion.
Staff said the solicitation used a rating-and-ranking process created earlier in the year; applications opened in March and the agency received only one applicant by late spring. Agency members discussed available funds of roughly $800 per year and a scenario that could extend over multiple years. Staff recommended including conditions from the staff report as part of approval; the specific conditions were referenced but not read into the record at the meeting.
The staff member described the proposed project as located in Tremonton and estimated it would produce between one and four housing units depending on the applicant's financing plan. The agency adopted Resolution RDA 25-08 on the motion described above and the recorded responses noted the five affirmative votes listed in the meeting transcript. The transcript records only those affirmative responses; no no/abstain votes or a full membership roll were recorded in the provided excerpt.
Next steps identified in the discussion included finalizing the site recommendation and incorporating the staff-recommended conditions into the award; the staff report contains the conditions referenced but the meeting transcript did not list their text. The agency did not detail a timetable for disbursement in the recorded discussion.
