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.