The need for affordable housing hasn't been a priority for the city of Ivins — but now, the $2 billion Black Desert mega-resort is about to recruit thousands of workers.
Affordable housing hasn’t been a top priority for the city of Ivins — but now, the $2 billion Black Desert mega-resort is about to recruit thousands of workers.
To tackle the issue, the city has reactivated the Affordable Housing Committee and tasked its eight members with taking an in-depth look at what Ivins can do to alleviate the problem.Council member Sharon Gillespie, who is spearheading the committee, said affordable housing is not just an Ivins or a Utah issue. “But that doesn’t mean we can’t work to address or solve the problem here in Ivins,” she said.
The legislation created a $300 million fund to supply builders with lower-interest loans through their bank or credit unions. In exchange, builders must agree that 60% of the homes they build with the funds must be starter homes.Ivins officials want to add more tools to their affordable housing toolbox. One option the committee will explore is setting up awhich keeps home prices lower by selling moderate-income buyers only the house, while retaining ownership of the land beneath it.
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