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Authorize the Town Manager to Begin Negotiations with Potential Development Partners for the Redevelopment of the Trinity Court and Craig Gomains Public Housing Neighborhoods.
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Staff:
Department:
Loryn B. Clark, Executive Director
Housing and Community
Faith M. Thompson, Public Housing Director
Emily Holt, Affordable Housing Development Officer
Overview: In November, 20171, the Council authorized the Town Manager to issue a Request for Qualifications (RFQ) to identify a development partner to pursue redevelop opportunities of the Town's public housing. On September 5, 20182, the Council approved submission of a Rental Assistance Demonstration (RAD) application to the U.S. Department of Housing and Urban Development for the redevelopment of the Trinity Court and Craig Gomains neighborhoods. The Town has issued a Request for Qualifications for redevelopment of the sites and is in the process of evaluating the responses.
We propose to return to the Council in the fall to consider whether to pursue RAD conversion and consider redevelopment options for the Trinity Court and Craig Gomains neighborhoods.
Recommendation(s):
That the Council adopt the resolution authorizing the Town Manager to begin negotiations with potential development partners, once identified.
Key Issues:
Preliminary Plan
* In January, the Town issued a Request for Qualifications to identify potential development partners for these sites. We received one response from a potential partner that later decided to withdraw from the process. We plan to revise and reissue a Request for Qualifications in May.
* We continue to work with housing consultant, David Paul Rosen and Associates (DRA), to refine our plans for redevelopment of the Craig Gomains and Trinity Court public housing sites.
* As previously shared with the Council, in September we submitted a RAD application and in the fall received HUD approval to proceed with a RAD conversion if we choose. The approved application ...
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