TO: CRA Board of Commissioners
FROM: Christine Tibbs, Assistant Director
THROUGH: Renee Jadusingh, Executive Director
DATE: February 25, 2025
Title
RESOLUTION 2025-02 - APPROVAL OF PURCHASE AND SALE AGREEMENT WITH Habitat for Humanity of Greater Palm Beach County, Inc. FOR THE PURCHASE OF THE PROPERTY LOCATED AT 260 NW 9th AVENUE FOR THE CONSTRUCTION OF AFFORDABLE/WORKFORCE HOUSING
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Recommended Action:
Recommendation
1. Approve a Purchase and Sale Agreement with Habitat for Humanity of Greater Palm Beach County, Inc., for the purchase of one property approximately located at 260 NW 9th Avenue (Subject Property) for a total purchase price of $10,000 for the construction of affordable/workforce housing;
AND
2. Authorize the CRA Board Chair to execute the Purchase and Sale Agreement, and any related documents, in a form acceptable to the CRA Legal Counsel.
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Background:
On November 18, 2024, CRA Board meeting, the CRA Board awarded RFP CRA No. 2024-07 - the Disposition of the CRA-owned Vacant Properties for the Development of Affordable/Workforce Housing to the Habitat for Humanity of Greater Palm Beach County, Inc (Habitat).
The one Subject Property being sold to the Habitat is located within CRA Sub-Area 4 and is further described below:
Property Address Parcel Control Number (PCN) Zoning Designation and Legal Description
260 NW 9th Avenue 12434617250010320 R1A - Single Family Residential TOURIST NOOK DELRAY LT 32 BLK A
Disposition of the Subject Property helps the CRA meet one of its core objectives of providing additional affordable/workforce housing opportunities within the CRA District. Furthermore, as identified in the CRA’s Redevelopment Plan, developing the Subject Properties would also fall in line with the redevelopment strategy for the residential neighborhoods north and south of West Atlantic Avenue (Northwest and Southwest Neighborhoods of The Set) which includes construction of infill single-family housing on va...
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