Ketchikan, Alaska (KINY) - The Ketchikan Gateway Borough will hold a regular meeting on Monday night at 5:30 p.m. in Assembly Chambers at City Hall.
A work session is planned to address housing solutions in the borough.
During the work session, staff will provide an update of actions taken to date, give a report on the status of various housing related projects, and review borough parcels that may be suitable for subdivision and housing projects.
According to borough documents, there are parcels that are suitable for subdivision into large waterside view lots, to be sold at market rate prices. The proceeds from the sale of lots can be used to repay the Housing Capital Fund for the upfront subdivision costs, and additional proceeds can be deposited to the Land Trust Fund.
Previously, the borough has parcels in the North Tongass Service Area suitable for subdivision into residential medium lots of approximately 15,000 to 20,000 square feet, to be sold at market rate prices.
"The lack of municipal water and sewer precludes low income or workforce housing," states a report contained in the Assembly packet. "The proceeds from the sale can be used to repay the Housing Capital Fund for the upfront subdivision costs which will include road access, and additional proceeds can be used to subdivide additional areas."
The document goes on, stating, "The South Tongass Service Area has municipal water and sewer, offering opportunities for affordable or workforce housing. The Borough is not the best entity to actually build housing, but by forming partnerships with other organizations, the Borough can facilitate housing development. In order to achieve specific price points, some form of subsidy will be required. Subsidies may include donations of land, tax abatements, or other incentives. In a planned unit development, the Borough could subdivide a large parcel, and give portions to other entities such as local or regional housing authorities for housing development."
You can read the complete Assembly agenda here.