INDIAN RIVER COUNTY — The County Commission voted 5-0 to sell 20 surplus properties with the proceeds going to the county’s affordable housing trust fund, in compliance with state statutes.
Every three years the county is required to list all its properties “appropriate for use as affordable housing.” Of the 431 county-owned properties, the 20 so-designated are all vacant single-family lots.
County Community Development Director Stan Boling told the Board the properties could be sold or donated with the stipulation they be used for affordable housing, which would requiring monitoring, or to simply sell the properties and designate the proceeds go to the county’s “extremely successful, 20-year-old affordable housing program,” the option which staff recommended.
