The Government Operations Committee meeting held on December 6, 2024, in Warner Robins, Georgia, focused on the critical issue of affordable housing and the potential establishment of a land bank to address this need. Committee members discussed the necessity of determining whether to manage housing initiatives internally or to engage an independent agency for these efforts.
A significant point raised was the importance of defining the mission clearly to ensure that the focus remains on creating affordable and workforce housing. The committee acknowledged the dual challenges of maintaining affordability while also generating revenue. Discussions highlighted the need for a sustainable funding model, with estimates suggesting that an annual budget of approximately $140,000 would be required to support a business-oriented approach to affordable housing.
The committee explored various funding sources, including existing pilot agreements and inclusionary zoning payments, which could help cover staffing costs without relying solely on the general fund. It was noted that if a land bank were to be established, it would require a dedicated board to oversee its operations, emphasizing the need for a structured governance model.
Members expressed the urgency of moving forward with a resolution to appoint a board for the land bank, which would facilitate further discussions and actions regarding public investment in affordable housing initiatives. The committee concluded that a detailed budget proposal would be necessary to prioritize these efforts in the upcoming fiscal year.
Overall, the meeting underscored the committee's commitment to addressing housing affordability in the community while balancing the need for financial sustainability and effective governance. The next steps will involve drafting a resolution to establish the land bank and exploring potential funding mechanisms to support its operations.