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HomeMy WebLinkAbout20174118.tiffRESOLUTION RE: APPROVE GRANT FUNDING REQUEST FROM HABITAT FOR HUMANITY OF THE ST. VRAIN VALLEY TO PURCHASE PROPERTY (801 GLEN DALE STREET, DACONO) AND AUTHORIZE CHAIR TO SIGN ANY NECESSARY DOCUMENTS WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the County of Weld, State of Colorado, by and through the Board of County Commissioners of Weld County, on behalf of the Greeley/Weld County Housing Authority, has been presented with a Grant Funding Request from the Habitat for Humanity of the St. Vrain Valley to purchase property in The Glens neighborhood, specifically described as 801 Glen Dale Street, Dacono, Colorado, for the amount of $50,500.00, and WHEREAS, after review, the Board deems it advisable to approve said grant funding request, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, ex -officio Housing Authority Board, that the Grant Funding Request from the Habitat for Humanity of the St. Vrain Valley to purchase property in The Glens neighborhood, specifically described as 801 Glen Dale Street, Dacono, Colorado, for the amount of $50,500.00, be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign any necessary documents. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 6th day of December, A.D., 2017. ATTEST::, xiodi;ei Weld County Clerk to the Board Deputy Clerk to the Board APPROVED AS ounty Attorney Date of signature: t'-/ 19 1 1 1 GG BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO Julie A Cozad, Chair Steve Moreno, Pro -Tern can P. Conway Mann Tai Xei ra o.crccv'C) olf I' ( I 2017-4118 HA0031 MEMORANDUM I .fR. A TIC) DATE: December 5, 2017 TO: Clerk to the Board FROM: Tom Teixeira, Weld County Housing Authority RE: Awarding of Grant to Habitat of the St. Vrain Valley At a Work Session on December 4, 2017 the Weld County Commissioners approved a Grant request from the Habitat for Humanity of the St. Vrain Valley in the amount of $50,500 to allow them to purchase a lot at 801 Glen Dale Street in Dacono. This will allow the construction of a single family home for a qualified low-income family and will further their goal of improving the Glens of Dacono neighborhood. The source of funds is from monies received due to the dissolution of the Weld County Farm Labor Sponsoring Association. a/� 2017-4118 H AOO31 oft oES umanit Vrain. rte Dear Tom Teixiera and Weld County Housing Authority Board, 9O Box 333 Lonomont, CO 80502-0333 Phone: 3 3-682- 5 www.stevrainhabitat.org rainhabitat.oi'g December 4, 2017 Habitat for Humanity of the St. Vrain Valley is seeking funding to purchase the property at 801 Glen Dale Street in The Glens neighborhood in Dacono. Habitat has been building homes, communities and hope in the St. Vrain Valley for almost 30 years. In that time we have built 81 new homes, repaired 29 owner -occupied homes, and funded the building of over 150 homes internationally, all in partnership with low-income families and individuals. In 2015 Habitat started the Neighborhood Revitalization (NR) program in The Glens of Dacono with the mission to serve more people and empower residents to improve their quality of life. Prior to Habitat's NR activity we had built 5 homes in The Glens in as many years. In the last two years we have been able to serve an additional 18 families through expanded services such as critical home repairs for owner -occupied homes (many of whom are seniors), additional new homes, and partnerships with other organizations, agencies, businesses, churches, and the local municipality. A large part of the Neighborhood Revitalization program is engaging the residents of the neighborhood as leaders and decision makers in the process. In a survey of residents we found that one of the major issues in The Glens was vacant residential properties. Vacant properties attract unsafe activities and behavior. The majority of these vacant properties are dilapidated beyond repair or would need several major repairs to make them livable. The lot at 801 Glen Dale Street is one of these vacant properties. It has been condemned by the City of Dacono. The owners are elderly, in poor health, and live in Wyoming. The City has had to board up the property and shut off the water after squatters broke into the house multiple times. Habitat is under contract on the property at an agreed upon price of $50,500. Habitat plans to demolish the old trailer immediately and build a single- family home for a qualified low-income homeowner who will repay a no profit mortgage back to Habitat. • to 4fl :� ie 1rDt +ek 4 ..p+aw i'�• $4J.d p• yryy_. ti �''�`. tip y`f�.y 1 ..ay. M = .. R.' .a.h d'.f ‘-410•t- I -C.- • heal. a:r- r'r.i- • ryY r _• The price of $50,500 is well below market compared to other lots for sale in the neighborhood. This price already includes all taps, which could run as high as $40,000, making this lot "builder -ready". Similar vacant condemned properties in The Glens have ranged in sale price from $75,500 to $88,500 over the last year. This is a 38% increase from the year before. As we have seen the cost of land double in the last 8 years we are strategically trying to build a land bank in The Glens so we can continue to serve families in Weld County with Habitat's traditional new -home program. A grant of $50,500 from the county would allow Habitat to acquire the lot at 801 Glen Dale Street and build a new home to sell to a low-income homebuyer who would not otherwise have the opportunity to own a home in our unity. y (7 Thank y for considering this proposal, .,,z1 avid Emerson Executive Director e P.O, Box 333 Longmont, CO80502-0333 Phone: 303-682-.2485 w° ,st` ra Sabi ato g December 4, 2017 Dear Tom Teixiera and Weld County Housing Authority Board, Habitat for Humanity of the St. Vrain Valley is seeking funding to purchase and demolish the property at 917 Glen Ayre Street in The Glens neighborhood in Dacono. Habitat has been building homes, communities and hope in the St. Vrain Valley for almost 30 years. In that time we have built 81 new homes, repaired 29 owner - occupied homes, and funded the building of over 150 homes internationally, all in partnership with low-income families and individuals. In 2015 Habitat started the Neighborhood Revitalization (NR) program in The Glens of Dacono with the mission' to serve more people and empower residents to improve their quality of life. Prior to Habitat's NR activity we had built 5 homes in The Glens in as many years. In the last two years we have been able to serve an additional 18 families through expanded services such as critical home repairs for owner -occupied homes (many of whom are seniors), additional new homes, and partnerships with other organizations, agencies, businesses, churches, and the local municipality. A large part of the Neighborhood Revitalization program is engaging the residents of the neighborhood as leaders and decision makers in the process. In a survey of residents we found that one of the major issues in The Glens was vacant properties. Vacant properties attract unsafe activities and behavior. The majority of these vacant properties are dilapidated beyond repair or would need several major repairs to make them livable. The lot at 917 Glen Ayre Street is one of these vacant properties. This lot is currently a "commercial" trailer. It has been home to a variety of unsuccessful businesses from a hot dog stand to a dog grooming salon, each closing their doors after less than a year. This trailer sits right at the entry to The Glens neighborhood and has been an eyesore for decades. It perpetuates the image of The Glens as a blighted trailer park. Habitat has had a desire to purchase this lot for years and to build new homes which will help change the perception of the neighborhood. The lot was originally listed for sale at $1{65,000. The listing price decreased to $145,000 in August and again to $135,000 on November 9t". Splitting the lot in two would allow for a duplex, making each piece of land worth $67,500. ft iance Throu'h Shelter The price of $67,500/lot is below market. Similar vacant condemned properties in The Glens have ranged in sale price from $75,500 to $88,500 over the last year. This is a 38% increase from the year before. As we have seen the cost of land double in the last 8 years we are strategically trying to build a land bank in The Glens so we can continue to serve families in Weld County with Habitat's traditional new -home program. The City of Dacono supports Habitat's acquisition of 917 Glen Ayre Street. The property is currently zoned commercial. If Habitat -were to acquire the property, ,the City of Dacono has agreed to rezone the lot to: be residential at their expense so Habitat could build on it. Additionally, the City of Dacono has agreed to split the tap on the property at no cost to Habitat, so the lot could support a duplex. This is substantial, as taps in The Glens can run as high as $40,000. Without clear funding,. Habitat has not yet been able to make an offer or negotiate a price on this property, but we believe time is imperative and if we lose this prospect we will not have another one like it. A grant of $150,000 from the county would allow Habitat to acquire and immediately demolish the trailer. Assurance of funding would allow Habitat to begin negotiations and anything left after the purchase would be put towards immediate demolition of the old trailer. Habitat will build two new homes to sell to qualified low-income homebuyers who would n.t otherwise have the opportunity to own their own homes in our community. David Emerson Executive Director for considering this proposal,. Hello