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Housing Section :: Page 5
Property values in Yellow Springs stayed steady despite a more than five percent county-wide drop over the last two years, according to a recent Greene County appraisal.
Over the summer Home, Inc. came to the Village with a plan to develop a senior apartment building on the Barr property, with the help of development partner, Buckeye Community Hope Foundation, based in Columbus.
At their Aug. 15 meeting, members of Village Council agreed to hold a public hearing on the Planned Unit Development, or PUD, request from Home, Inc. to build senior apartments on the Barr property downtown at Council’s Sept. 19 meeting.
Almost four decades separates Home, Inc. founding board member and first director Marianne MacQueen from her successor, Emily Seibel.
Tales of a tight rental market abound in Yellow Springs, in contrast to the latest U.S. Census data reporting 52 unoccupied rentals and a 7.9 percent rental vacancy rate in the village.
Call it the Miracle on Walnut Street. A dingy, dilapidated house — the eyesore of the neighborhood — is transformed into a stately, sleek modern home with a neighbor’s investment and a local couple’s vision.
Many questions were raised at a public meeting last Sunday sponsored by the James A. McKee Association, when representatives from Home, Inc. shared plans for an affordable housing project slated for Village-owned land on Cemetery Street.
Villagers offered a robust show of community support for Village Council’s proposed affordable housing project at Council’s meeting Monday, March 21, when Council unanimously approved moving ahead with the first of three steps for the housing project.
There are no legal obstacles to the Village pursuing its current affordable housing project, according to Village Law Director John Chambers
In a discussion of a proposed affordable housing development at Village Council’s Feb. 22 meeting, some villagers spoke in support of the potential public/private partnership to build four permanently-affordable homes.