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mg an afternoon discussion of the housing plan. “The question was, could we find 15 to live there within a year of breaking ground? We said that if they couldn’t find 15 qualified people, the housing development shouldn’t be held up in building.”
In that case, Angler would pay the county $76,613 for each unsold home to use for alternate affordable or workforce housing purposes — as grants for the local nonprofit Fauquier Housing, for example.
A soft second mortgage combines a conventional loan with a subsidized one so that those with lower incomes might, qualify with less risk to the lender.
“But they’re going to build them, no matter what,” Cansaid.
The Willow Creek workforce plan, which includes architecture that makes it impossible to distinguish between lowerpriced and market-rate homes, is being looked at as a “start-up model for integrating affordable workforce housing within [the county’s] growing service districts,” according to a staff summary for board members.
E-mail the reporter: cchumley@timespapers.com
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