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Budget Year / Version:  
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Description

In an effort to replace some of the County's least sustainable affordable housing, deliver amenities not currently present, to return housing to those sites, and embed the new stock of affordable housing within mixed-income communities, the Housing Opportunities Commission (HOC) has vacated its Emory Grove Village and Ambassador properties. The entitlement and permitting process for each site will take from two to four years. In the interim, upon vacating these sites, HOC will demolish the existing buildings while HOC works with its non-profit partners to execute a mixed-income redevelopment strategy for the site.

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Phase

Ongoing

Status

Active
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Budget Snapshot
$1.9M Total
Expenditures/Funding
$0.5M 6 Year Total
Expenditures/Funding
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Capacity

Demolition of 216 units.
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Estimated Schedule

Demolition of the Ambassador was commenced in August 2019 and will take approximately five months. Demolition of Emory Grove Village is expected to commence toward the end of FY20 and will take approximately three months. The demolition project is expected to be completed and County reimbursement will be completed by FY21.
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Justification

Both Emory Grove Village and the Ambassador have physical capital needs that far outweigh their ability to support remediation. As both properties are 100 percent affordable, they have no resources available to fund improvements or demolition. Both properties are located on prominent corners. Without County support, these properties would most likely remain vacant for a considerable period of time.
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Fiscal Note

The estimated cost of demolition for Emory Grove Village is between $600,000 and $800,000 and for the Ambassador is between $1.3 and $1.5 million.
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Coordination

Department of Finance, Department of Housing and Community Affairs, and the Department of Permitting Services.
Budget Snapshot
$1.9M Total
Expenditures/Funding
$0.5M 6 Year Total
Expenditures/Funding
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Project Details
Project NumberP091704
Date Last Modified01/08/20
Administering AgencyHousing Opportunities Commission
CategoryHousing Opportunities Commission
SubCategoryHousing (HOC)
Planning AreaCountywide
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Total Expenditures by Cost Element (000s)
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Total Funding by Source (000s)
EXPENDITURES (000s)
Cost ElementsTotalThru FY19Est FY20Total 6 YearsFY 21FY 22FY 23FY 24FY 25FY 26Beyond 6 Years
Planning, Design and Supervision00000000000
Land00000000000
Site Improvements and Utilities00000000000
Construction00000000000
Other1900801320500500000000
Total Expenditures1900801320500500000000
FUNDING (000s)
Funding SourceTotalThru FY19Est FY20Total 6 YearsFY 21FY 22FY 23FY 24FY 25FY 26Beyond 6 Years
Current Revenue: General1900801320500500000000
Total Funding Sources1900801320500500000000
APPROPRIATION AND EXPENDITURE DATA ($000s)
Appropriation FY 21 Request500
Year First AppropriationFY16
Appropriation FY 22 Request0
Last FY's Cost Estimate1900
Cumulative Appropriation1400
Expenditure / Encumbrances0
Unencumbered Balance1400