Title
Resolution Authorizing the Sale of Property Located at 614-Near Douglas Street to the Greensboro Housing Development Partnership
Body
Department: Planning
Council District: 2
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Sue Schwartz, FAICP 336-373-2149
Contact 2 and Phone: Hanna Cockburn, AICP 336-574-3576
PURPOSE:
Approval a resolution authorizing the transfer of a non-buildable lot located at 614-Near Douglas Street.
BACKGROUND:
The Greensboro Housing Development Partnership, Inc. has requested the transfer of a non-buildable parcel at 614-Near Douglas Street to be combined with the adjoining parcel at 616 Douglas Street currently owned by the Partnership in order to allow the construction of a single family home as part of the Single Family Lot Initiative in the Ole Asheboro Redevelopment Area. The combination of these parcels provides sufficient street frontage to site a new home in this location.
On May 2, the Greensboro Housing Development Partnership entered into a development agreement with Community Housing Solutions of Guilford County, Inc for the construction of an owner occupied, single family residence at 616 Douglas Street. CHS was selected in January by the Partnership as an authorized builder in the Single Family Lot Initiative which implements the recommendation of the Ole Asheboro Redevelopment Plan to increase owner occupied, single family homes in the redevelopment area.
On May 4, the Redevelopment Commission of Greensboro approved the transfer of this property to the Greensboro Housing Development Partnership with the following conditions:
- The lot shall be combined with the adjacent parcel.
- Use of the lot shall be restricted to single family residential uses.
- Existing deed restrictions will remain in-place.
- The transfer will be subject to any conditions and requirements apply by City Council.
BUDGET IMPACT:
None. Transfer of this property to the Partnership will not yield an revenue.
This transfer allows for the implementation of an activity associated with the Ole Asheboro Redevelopment Plan which is in the public interest, as permitted under NCGS 160A-514 (c).
RECOMMENDATION / ACTION REQUESTED:
Staff recommends approval of the resolution.
COMMITTEE ACTION: This item was referred to Council by the Infrastructure Committee.