Land Bank Watch

Board meeting, Aug 9, 2022

Board meeting, called to order 10:04, adjourned 11:43. Records we hold: agenda, draft minutes.

Dispositions heard: 6 approved, 1 tabled.

Who was there

From the minutes' roll call, and from the transcript where it records someone leaving. These are counts and names of what happened; the record does not say why anyone was absent.

Arrived after roll call
Michael Johns
Left early (where a transcript says so)
none listed

Quorum was met by a narrow margin.

Agenda items

Every item in the minutes, with the outcome and the vote as recorded. Dispositions link to their project. Fewer than six approvals is no decision, not a denial.

ItemWhatOutcomeVoteSpeakers / letters
IRoll call; executive session held before public session (agenda reviewed); Senior Counsel remote-meeting announcements
IIMinutes of July 12, 2022 meetingApproved
IIIExecutive Director's Report
V.A.6Brewerytown-Myrtlewood RFP disposition to FE Myrtlewood LLC (last item on the Aug 9 agenda)Tabled
IV.AAmendment of Paseo de Jardines disposition (Resolution 2021-54): removal of 30 PHA properties and 5 Land Bank properties (1922 and 1938 N. 3rd St, 1851 and 1936 N. Leithgow St, 2015 N. Bodine St); units reduced from 102 to 57 (29 affordabl…Approvedunanimous1 / 0
V.A.1East Kensington - E. Orleans RFP: 17 affordable single-family homes (2BR/1.5BA) at $230,000 targeting <=80% AMI to New Kensington Community Development Corporation (sole qualified bidder); nominal price $17.00; affordability 15 years; 17 l…Approvedunanimous0 / 1
V.A.2Grays Ferry - S. Dover & Wharton RFP: 22 affordable single-family homes (3BR/2BA) at $250,000 targeting <=80% AMI to Affordable Alliance Company LLC (joint venture of BMK Properties LLC and Fine Print Construction LLC, certified MBE and Mi…Approvedunanimous (Johns abstained, having just joined)4 / 1
V.A.3West Poplar RFP: 54 affordable single-family homes (3BR/2BA) at $250,000 targeting <=100% AMI to FE West Poplar LLC (most qualified bidder); nominal price $54.00; affordability 15 yearsApprovedunanimous2 / 0
V.A.4Ludlow-W. Oxford RFP: 21 affordable single-family homes (3BR/2.5BA) at $280,000 targeting <=100% AMI to FE Oxford LLC (most qualified bidder); nominal price $21.00; affordability 15 yearsApprovedunanimous
V.A.5Brewerytown-Marston RFP: 95 affordable single-family homes (3BR/2.5BA) at $280,000 targeting <=100% AMI to Civetta 2, LLC (most qualified bidder; same owners as Civetta Property Group, LLC); discounted price $9,500 (developer also committe…Approvedunanimous11 / 2
VIPublic comment (old and new business)1 / 0
VIIAdjournment

Documents

  • Meeting package (PDF, 128 pages; coming online soon)

Executive session topics: Review of the agenda

Board meeting, Aug 9, 2022 | Land Bank Watch