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HomeMy WebLinkAboutDiscussion GO-HNI TO: City of Oshkosh Redevelopment Authority E FROM: Allen Davis, Community Development Director DATE: May 8, 2018 SUBJECT: Discussion Item: Greater Oshkosh Healthy Neighborhoods, Incorporated (GO-HNI) and Proposed Housing Partnership f Greater Oshkosh Healthy Neighborhoods, Incorporated (GO-HNI) was recently created to encourage community building and engagement within Oshkosh's neighborhoods, and make investments in select neighborhoods in order to improve property values and neighborhood conditions. The City and GO-HNI have a contract and GO-HNI has accomplished many of the contract's deliverables. The one area that has been difficult ` for GO-HNI is in the house acquisition and rehabilitation area. GO-HNI is exploring multiple options for future rehabilitation projects regarding acquisition, fund-raising for rehabilitation, converting rentals to owner-occupied, and producing house sales above the current neighborhood average. GO-HNI is also a Partner in the "Rock the Block" project with Habitat for Humanity and the City of Oshkosh. Representatives from GO-HNI will be in attendance to discuss possible avenues for collaboration on neighborhood and house rehabilitation. As an example, GO-HNI may be interested in acquiring RDA-purchased blighted houses for rehabilitation at a below market price. This would allow GO-HNI fundraising and funding to be put into the rehabilitation, thereby increasing the purchase price and raising the values of comparable house sales, for appraisal purposes.