In May 2021, the City Commission authorized issuing a Request for Proposals (RFP) from developers to build housing at the location of Lot O, 159 East State Street. After careful consideration of the four options, the ad hoc committee chose to pursue a proposal from Homestretch.
HomeStretch Housing is a local non-profit organized to provide decent, affordable housing for persons of low and moderate income. They have built 118 affordable housing units locally. Project funds are raised through donations and grants.
The proposed project at 159 E. State Street was reviewed at the City Commission meeting on Monday, June 13, 2022. The project's general idea of a creative mixed-use solution will focus on providing a unique blend of affordable, urban housing options. The project will feature 60 units for individuals with mixed incomes that will vary in size from 245 square feet to 750 square feet. Units will rent for 30%-80% of the ami (area median income). The building will also be seeking LEED certification.
At the Tuesday, January 17, 2023 meeting, the City Commission will consider of authorizing a purchase agreement for the sale of the property for the development of affordable housing units as described in the proposal from HomeStretch. As part of the deal, a perpetual deed restriction would be included to require housing meeting specific criteria.
In 2022, the City Commission adopted their Goals and Objectives and identified housing and homelessness as a strategic priority with a goal to increase opportunities for more diverse housing through public and private options.