Centre County Housing and Land Trust has been developing a Legacy Program that would preserve affordable homes created by inclusionary zoning. This program enables homes to be stewarded long-term in Centre County’s affordable housing stock to leave a legacy for future residents.
Ferguson Township has been working to ensure that legacy affordable housing created as a result of their zoning will stay affordable past the first buyer. Read the Centre Daily Time’s article recap on the March 7, 2016 Ferguson Township Board of Supervisors meeting.
Working with the Centre County Housing and Land Trust, the Centre Region Planning Agency and surrounding municipalities, he said, staff was able to draft an amendment that establishes the minimum requirements of a legacy program.
While the ordinance does require the unit to be the principal place of occupancy, he said, there are fewer provisions that other municipal workforce housing ordinances may offer, such as a fee in lieu of workforce housing or offsite development.
“This does accomplish the goal that these units remain in their affordable stock,” Pribulka said.
According to the amendment, the continuity of workforce housing units will be ensured for a period of 99 years with a restriction placed on the deed of the property. Prospective buyers will enter into a legally binding agreement with the administrator of the program who will also certify the buyers.
Our Executive Director Rachel Fawcett shared about the Legacy Program with the Ferguson Township Board of Supervisors.
Watch the video of the Ferguson Township Board of Supervisors meeting here or embedded below. Begin at 51 minutes.
Centre County Housing and Land Trust strengthens communities through the development and stewardship of permanently affordable homes for people of low- to moderate-income in Centre County, PA. Since 2007, CCHLT has operated as a 501(c)(3) non-profit featuring the collaborative effort of five local organizations to focus on: promoting and preserving of affordable housing; providing education; creating partnerships; and assisting municipalities on affordable housing policies. More information about CCHLT and its programs is available atwww.cchlt.org. Follow CCHLT on Twitter @CentreCountyHLT, on Facebook at www.facebook.com/CCHLT, or sign up for updates on CCHLT’s Email List.Share This: