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Commission commits $640,000 to Roseland Gardens Phase II housing application
Summary
City staff recommended and the commission approved a $640,000 local government contribution to support Roseland Gardens Phase II’s application for 9% low-income housing tax credits; the project would add about 100 affordable units and is planned to be affordable in perpetuity.
The Commission approved a $640,000 local-government contribution to support Roseland Gardens Phase II’s application for 9% low-income housing tax credits from the Florida Housing Finance Corporation.
Jade Green, director of Housing & Community Development, told commissioners the funding would support the redevelopment previously called South Ridge Public Housing (Roseland Gardens), located near 3765 Georgia Avenue. Staff said the project team — a partnership between the West Palm Beach Housing Authority and Smith and Hensley Affordable Group — proposes roughly 100 affordable rental units in a building mix and income tiers at 30%–80% of area median income, with 25 units at each income level described in staff slides.
Green said the city’s HOME funds would be split across fiscal years subject to construction schedule, and the city’s commitment is contingent on the developer securing state tax credits. If Roseland Gardens Phase II is selected by the Florida Housing Finance Corporation, a final agreement and detailed construction schedule will return to the commission for approval.
Kimberly Spence, assistant director of HCD, later described monitoring requirements across projects and said the affordability covenant for the West Palm Beach Housing Authority projects is intended to be in perpetuity. Commissioners asked about relocation protections for current residents and were told the developer must report relocation plans and compliance to the department; staff said withholding funds would be an enforcement tool if relocation obligations were not met.
The commission approved resolution 166-26 unanimously.
