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Council approves sale of 37 parcels to nonprofit for Midway affordable-housing infill project
Summary
The council adopted ordinance 41-26 to deed 37 scattered parcels to Affordable Housing of Southern Illinois for the 'Midway' infill development; council discussed unit mix (41 rental units, including single-family homes and duplexes), HUD participation, an approximately $18 million subsidized project and an anticipated closing on Aug. 12.
Mayor Absher moved to approve ordinance 41-26, authorizing sale of 37 scattered parcels to Affordable Housing of Southern Illinois for the Midway infill development. The ordinance specifies the city would convey the parcels to the nonprofit for $1, and the developer will undertake site preparation and construction under a federally subsidized program.
Council discussion focused on unit mix and affordability. Staff and council members said the development will include 41 rental units made up primarily of single-family homes (27 single-family homes) plus duplex units, with rents set by an income-based sliding scale. Council members noted the federal/HUD participation that will keep the units affordable for a period (discussed at the meeting as a 25-year affordability period). One council member raised the question of how large per-unit development costs intersect with affordability; staff responded that federal subsidies and tax-credit mechanisms are part of the financing and reduce tenant rents.
Council members discussed timing and site details; staff said closing on the properties is planned for Aug. 12 and the developer aims to begin site work immediately, with a realistic construction timeline of roughly 12 months (weather-dependent). The ordinance passed on roll call.
