Sullivan Housing Project

Funding Amount:
$800,000
Sullivan

The City will work with local engineers, developers and realtors to design homes in the $180,000 to $250,000 range, drawing on Sullivan’s unique small town approach, while showcasing modern amenities and niche neighborhood concepts. The City will create an RFQ process, which allows builders to present proposals on their housing ideas and concepts, and the selection team will determine the best opportunity for homebuyers. The process will encourage multiple concepts utilizing the variables in order to attract single family home buyers with different financial abilities, allowing for affordable options. The builders will be given a parcel of land located in the park, offering a nearly forty thousand dollar incentive to build the home at a great value while still offering the builder the opportunity to be financially solvent.

This creative approach will offer the City to aid, in phases, the community’s housing crisis, eliminate blight, utilize a large parcel of property for taxpayer use, develop opportunities for local builders and subcontractors, and allow potential homebuyers the opportunity to purchase a beautiful home at an affordable price.

The approach will offer the City to aid, in phases, the community’s housing crisis, eliminate blight, utilize a large parcel of property for taxpayer use, develop opportunities for local builders and subcontractors, and allow potential homebuyers the opportunity to purchase a beautiful home at an affordable price.

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