2. Preserve and Expand Publicly Supported Housing. Nearly 350 of the City’s publicly

Planning Board Meeting · 2026-06-02 · agenda_item

The City of Palatka is considering a plan to preserve and expand publicly supported housing. This initiative aims to protect nearly 350 existing income-restricted housing units that are at risk of losing their affordability protections by 2045. The city plans to work with property owners, use HUD's Rental Assistance Demonstration (RAD) program, and offer local incentives for reinvestment. A new local database and monitoring system will also be created to track these housing units. This item is currently under review by the Planning Board. The project would involve assessing existing properties, potentially updating covenants, and implementing new data systems. Work could include consulting services for housing finance, legal services for covenant agreements, and IT services for the new database. Local contractors, suppliers, and service providers are encouraged to engage early to understand the scope and potential needs as the plan develops before formal bids and permits are issued.

publicly supported housing units

350