Date post: | 18-Jan-2018 |
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Hawthorne Village/New Horizons
South Apopka
Presentation Outline
• Background
• Re-Development Plan
• Action Requested
Presentation Outline
• Background
• Re-Development Plan
• Action Requested
Background
Hawthorne Village:
• South Apopka
• 13th St. and Hawthorne Ave.
• 12 Acres
Background
Hawthorne Village:• 84 unit farm worker housing
development built in 1981• Construction was financed
by the United States Department of Agriculture (U.S.D.A.)
• U.S.D.A. provided a $1.7 million dollar grant and $1.2 million dollar loan to build Hawthorne Village
Background
Hawthorne Village:
• Title to the property was vested in the Orlando Housing Authority (OHA)
• OHA also provided property management services at the complex
BackgroundHawthorne Village:• In 2003, title to the property was transferred
to Homes In Partnership (HIP) and they assumed the outstanding U.S.D.A. loan balance
• HIP, Orange County and the U.S.D.A. agreed to coordinate resources to conduct repairs to the complex
• In March 2004, Orange County committed $1,000,000 of program funding to assist with renovations
Background
Hawthorne Village:
• Due to construction cost increases, hurricane damages in 2004 and other factors, it was determined that any effort to renovate the complex would be cost prohibitive
• In September 2006, HIP vacated the tenants and the buildings were demolished
Presentation Outline
• Background
• Re-Development Plan
• Action Requested
Re-Development PlanNew Horizons: • HIP conducted community meetings to align
redevelopment plans with the community vision for the site
• The consensus was the site should be redeveloped as a single family affordable housing development
• HIP met with representatives of the Planning Division and concluded that a 56 unit single family development would be consistent with the Future Land Use for this site
Re-Development Plan
New Horizons:• Proposed development, New Horizons, was
approved by the Board of County Commissioners at a Public Hearing in September 2008
• HIP and the City of Apopka have committed or expended financial resources
• Construction will comply with Green Building standards
• Units will be sold at a sales price of approximately $129,900
Re-Development Plan
New Horizons:
• Orange County will utilize it’s HOPE III program income to pay the outstanding loan balance of $395,389 as requested by the U.S.D.A.
• U.S.D.A. agrees to release all restrictions limiting use of the property
Re-Development Plan
New Horizons:• A mortgage note of $395,389 payable to
Orange County will be recorded against the property with the following conditions:– Properties must be constructed and sold
by June 2013– Homes must be sold to low/moderate
households
Presentation Outline
• Background
• Re-Development Plan
• Action Requested
Action Requested
Approval of an Affordable Housing Funding Agreement between Orange County,
Homes In Partnership, Inc., and Hawthorne Village Corporation of Apopka, a
subsidiary of Homes In Partnership, to pay the outstanding balance of $395,389 to the
U.S.D.A.