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Date
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September 14,
2009
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Agenda
Item No. MHGB2A Roll
Call No. 09- Communication No.
09-631 Submitted by:
Chris M. Johansen, |
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AGENDA
HEADING:
Approval
of Conveyance of
SYNOPSIS:
Recommend
Council approval to sell Des Moines Municipal Housing Agency (DMMHA) disposition
property to Greater Des Moines Habitat for Humanity, Inc.
FISCAL
IMPACT:
Amount:
$66,375 and a five (5) year restrictive covenant of affordability.
Funding
Source: 2009-2010
Operating Budget: Housing Services Department - Disposed Homes, SP350 HSG021500,
page 136.
The
proceeds from the sale will be used accordingly:
- Affordable Housing Endowment
Fund (75%)
- Physical Improvements to Existing
Manors (25%)
ADDITIONAL
INFORMATION:
The Housing Services Department
received approval for its application to dispose of 394 Public Housing units at
Fair Market Value, via a public bid on August 19, 2003. Where there is a commensurate public benefit,
according to federal regulations, sales can be negotiated with a specific
buyer.
Greater Des Moines Habitat for
Humanity, Inc., an Iowa nonprofit corporation, has a long history of providing
affordable housing in the City of Des Moines, of meeting the requirements of
federally funded housing programs, and has the ability to meet the requirements
of DMMHA’s disposition plan. Community
Housing Development Corporation intends to use this property for their
Affordable Homeownership Program for a household below 80% of U.S. Department
of Housing and Urban Development (HUD) median income guidelines.
DMMHA
has received HUD approval for this negotiated sale.
PREVIOUS
COUNCIL ACTION(S): NONE
BOARD/COMMISSION
ACTION(S): MHGB
Date:
March 23, 2009
Roll
Call Number: 09-443
Action:
Authorizing Des Moines Municipal Housing Agency to negotiate with
Greater Des Moines Habitat for Humanity Inc. for the disposition sale of 1405
Mondamin Avenue and 1721 13th Street. (Board Communication No. 09-166) Moved by Hensley to approve. Motion Carried 5-2.
ANTICIPATED
ACTIONS AND FUTURE COMMITMENTS: NONE
For more information on this and other agenda items,
please call the City Clerk’s Office at 515-283-4209 or visit the Clerk’s Office
on the second floor of City Hall, 400 Robert D. Ray Drive. Council agendas are available to the public
at the City Clerk’s Office on Thursday afternoon preceding Monday’s Council
meeting. Citizens can also request to receive meeting notices and agendas by
email by calling the Clerk’s Office or sending their request via email to
cityclerk@dmgov.org.