Title
Resolution to Sell 1510 E. Stadium Blvd. to the Ann Arbor Housing Development Corporation ($35,000.00) (8 Votes Required)
Memorandum
The Ann Arbor Housing Commission (AAHC) is requesting City Council approval to sell 1510 E. Stadium Boulevard, also known as Fire Station #2, to the Ann Arbor Housing Development Corporation (AAHDC), a 501(c)(3) Michigan nonprofit whose sole member is the AAHC, for $35,000.00. The property was appraised in 2022 for $470,000.
On April 1, 2019, City Council adopted Resolution R-19-138 directing the City Administrator to collaborate with the AAHC to provide coordinated analysis on the feasibility of City-owned properties as potential locations for affordable housing. This resolution incorporated previous resolutions R-19-110, R-19-111, and R-19-116.
As an outcome of the analysis, which found that this property is in a good location for affordable housing by being next to two main bus routes, nearby schools, and other key amenities, in 2021, City Council approved a resolution (R-21-135), directing the AAHC, and its affiliated legal entities, to develop 1510 E. Stadium as Affordable Housing. However, at the time the resolution was adopted, the Fire Department's Inspection Services were still occupying the building so implementation of the resolution was delayed. The Fire Department Inspection Services have recently vacated the building.
Because the development process can take several years and because the AAHC's current administrative offices and maintenance facilities at 2000 S. Industrial have become unsuitable, the AAHC intends to use 1510 E. Stadium as their temporary administrative offices and maintenance facilities until a permanent location is found. Ideally, the AAHC would not move until a long-term location is identified, but the need for new office and maintenance space is urgent.
The AAHC's operations have outgrown the existing space and are continuing to grow. The most urgent need is storage space for m...
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