Subject:
Title
Declare 12 County owned parcels as surplus and authorize the conveyance of those parcels to the Housing Finance Authority of Pinellas County. (Companion to Item No. 17)
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Recommended Action:
Recommended Action
Adoption of the attached resolution to declare 12 County owned parcels (Parcels) as surplus in the Lealman Community Redevelopment Area and grant authorization to donate the Parcels to the Housing Finance Authority of Pinellas County (HFA) for an affordable single-family housing development, and grant authorization for the Board Chairman to execute the County Deed and Land Trust Agreement in accordance with Section §125.38, Florida Statutes.
• The County provided Penny for Pinellas funding to acquire the subject Parcels, the former Broach school site, located at 4500 43rd Street North within the Lealman CRA, for affordable housing development.
• The site was acquired by the HFA and leased to Contemporary Housing Alternatives of Florida, Inc. (CHAF) for redevelopment to construct a 28-unit mixed income rental housing community to be known as Greenway Lofts.
• On July 2, 2021, CHAF notified the County and HFA that CHAF would not be proceeding with the project. The HFA conveyed the subject Parcels to the County via Special Warranty Deed on August 31, 2022.
• A Request for Negotiation (RFN) was subsequently prepared and issued by the Purchasing Department to solicit new proposals and select a new developer to build affordable housing on the property.
• Habitat for Humanity ranked as the top respondent to the RFN and intends to build single-family homes on the subject property.
• Upon transfer of the subject property, the HFA will prepare land trust and ground lease documents to lease the property to Habitat for Humanity for the development of affordable single-family houses.
• All housing units will be sold to income eligible households earning 80% or less of Area Median Income and will remain permanently affordable. Purchasers of the housing units will sub-lease the underlying land.
• Florida Statutes, §125.38 grants the Board authority to convey property that is not needed for County purpose to a not-for-profit organization for the purposes of promoting community interest and welfare if the Board determines it is in the best interest of the County.
• This item has no fiscal impact on Pinellas County. No funds will be exchanged. The market value of the land to be conveyed is $924,106.00, per the Pinellas County Property Appraiser’s valuation.
Authorize the Clerk of the Circuit Court to record the County deed and the resolution in the public records of Pinellas County.
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Strategic Plan:
Ensure Public Health, Safety and Welfare.
2.4 Support programs that seek to prevent and remedy the causes of homelessness. and move individuals and families from homelessness to permanent housing.
Foster Continual Economic Growth and Vitality.
4.2 Invest in communities that need the most.
Deliver First Class Services to the Public and Our Customers.
5.1 Maximize partner relationships and public outreach.
5.2 Be responsible stewards of the public’s resources.
Summary:
Summary
Approval of this resolution will authorize the conveyance of 1.62-acres of County-owned land in the Lealman CRA to the HFA for long term leasing to Habitat for Humanity for single-family affordable housing development.
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Background Information:
The County provided Penny for Pinellas funding to acquire the subject site, the former Broach school site, located at 4500 43rd Street North within the Lealman CRA, for an affordable housing development.
The site was acquired by the HFA and was leased to Contemporary Housing Alternatives of Florida, Inc. (CHAF) for redevelopment to construct a 28-unit mixed income rental housing community to be known as Greenway Lofts. The HFA and the County executed the Pinellas County Land Assembly Trust- Greenway Lofts Agreement on March 28, 2018, with the HFA serving as the Trustee of the Trust and the County as the Beneficiary. The HFA and CHAF executed a Ground Lease on July 10, 2018.
On July 2, 2021, CHAF notified the County and HFA that CHAF would not be proceeding with the project.
On July 21, 2021, the Director of the Housing and Community Development Department executed a Direction Letter to the HFA to terminate the Ground Lease, Memorandum of Ground Lease, and Land Use Restriction Agreements between the HFA and CHAF.
The HFA conveyed the subject Parcels to the County via Special Warranty Deed on August 31, 2021, and a RFN was subsequently prepared for issuance to solicit new proposals and select a new developer to build affordable housing on the Parcels.
Habitat for Humanity ranked as the top respondent to the RFN. Upon transfer of the subject property, the HFA will prepare land trust and ground lease documents and lease the Parcels to Habitat for Humanity for the development of single-family houses.
Florida Statutes, §125.38 grants the Board authority to convey property that is not needed for County purpose to a not-for-profit organization for the purposes of promoting community interest and welfare if the Board determines it is in the best interest of the County.
Fiscal Impact:
No Fiscal Impact. The market value of the land is $924,106.00, per the Pinellas County Property Appraiser’s valuation.
Staff Member Responsible:
Carol Stricklin, Director, Housing and Community Development
Partners:
Housing Finance Authority of Pinellas County
Habitat for Humanity of Pinellas and Pasco County
Lealman CRA Advisory Committee
Attachments:
Resolution
Exhibits “A1-A12”
County Deed
Land Trust Agreement