Volume 1, Issue 33 JANUARY 12, 2024
YOUR LOCALLY OWNED AND OPERATED NONPROFIT NEWS SOURCE
Shelby Acres subdivision takes shape By Sharon Hallack The Oceana Echo Community Contributor
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SHELBY - Upon realizing the severe lack of affordable housing in Oceana County, retired teachers, farmers and founders of Peterson Farms Inc. and related companies, Earl and Linda Peterson, made plans to be a part of the solution. In 2023, they founded the 501(c)(3) public charity, Oceana County Development Corporation (OCDC), and are excited to provide a number of updates and announcements. “It’s been uncharted territory for us. But we’re grateful to all the people of Oceana County who helped our businesses grow over the years,” Earl Peterson said. Out of OCDC came the recently approved “Shelby Acres” subdivision, encompassing 59 acres of land previously owned by the Petersons. Located directly across from the new Shelby Elementary School on Oceana Drive, it is Oceana’s newest and largest housing development. The community has watched expectantly as the new development has taken shape these past several months. Very soon, interested home buyers will have the opportunity to tour model homes and put in offers for possible purchase. The plan is to have homes available to show prospective buyers by June, with home sales in September.
“The development will be open to anyone,” Peterson said. “People do not need to work in Oceana County, but our goal is that the subdivision will include individuals from all walks of life and financial situations. That’s what Oceana County is—a mixed community.” According to the Shelby Acres website, “Traditionally, housing developments are built by for-profit developers who seek to make as much profit as the market will allow. Shelby Acres is being developed by the non-profit OCDC to offer affordable living options to residents in Oceana County by providing them with an opportunity for homeownership while minimizing financial worries.” The development is considered a “condominium association development” and will have its own Homeowners Association. The website goes on to outline three major condominium bylaw requirements for owning a home in Shelby Acres: “An individual’s Shelby Acres home must be their principal (Homestead) residence; ownership of multiple units within Shelby Acres will be prohibited; and renting or leasing of all, or a portion, of any home will be prohibited.” Demand for the new homes is expected to outpace their availability; therefore, OCDC has set the following prospective buyer requirements: Potential buyers will need to attend a series of “buyer’s workshops” before being allowed to put in an offer. Each workshop will include the following topics, “Credit Report and Scores,” “Making a Monthly Spending and Savings Plan” and “Buying a Home.” Workshops will take place in both English and Spanish and be offered on different days of the week and at different times to accommodate as many people as possible. Each will be led by Gaby Peterson, a licensed real estate agent, and Deana Fox, vice president and mortgage officer at Shelby State Bank. Prospective buyers must also be
Work continues on the Shelby Acres subdivision, at top, which is in Phase I of development with 21 homes currently under construction. Above is a rendering of what the homes will look like upon completion later this year. • Contributed Photos
pre-qualified by a mortgage lender. If they qualify, down payment assistance may be made available. After taking the buyer’s workshops, prospective buyers who wish to apply for down-payment assistance will fill out an application. All applications will be reviewed by the OCDC Down Payment Assistance Committee to determine the level of assistance buyers may qualify for. “We (the OCDC) want to give down-payment assistance for those at the median income level or below. The lower someone’s income, the greater the percentage of assistance,” Earl Peterson said. “To receive down payment assistance, new home buyers will be required to maintain ownership of their Shelby Acres home for a minimum of five years. “Upon application for down-payment assistance, prospective home buyers will need to choose the home style they are wishing to buy. And the price is the price. Individuals will not be able to offer the asking price plus an additional amount,” he said. Once offers have been accepted, the OCDC board will conduct a blind “lottery” for each of the three styles of homes, randomly selecting “winners” of each home on or about Sept. 1. “The upcoming workshops will be free to everyone, even if they don’t plan to purchase right away. People can take the classes now and prepare
for future phases of the development. There’s education involved; I suppose that’s the old school teachers in us,” quipped Peterson. “It’s more than getting a loan. We want people to be successful. “As we get further along in the project, the actual pricing of the three different styles of homes is still a moving number. However, one thing we do know is that all homes, with included infrastructure and landscaping, will be offered at a predetermined fixed price for each model and will be well below cost and significantly below market,” he said. The development is being conducted in four phases. Phase I is currently underway and consists of 21 single-family homes on 21 separate lots. Each home will have a porch, a garage (some attached,
some not) and a paved driveway. They will all be connected to the Village of Shelby water and sewer and be connected to underground electric, internet and natural gas. All lawns will be seeded with grass and include trees and shrubs. Three different styles of homes are currently being built and will be available for sale in this first phase. The “Tamarack” will offer a total of 1,330 square feet of living space, while the “Elm” will offer a total of 1,446 square feet of living space. Both will feature three bedrooms, two baths, finished basements and a two-car garage. The “Aspen” will offer a total of 1,706 square feet of living space and feature four bedrooms, two baths, a finished basement and a two-car garage. The homes will have differ-
ent siding colors, with the garage located on different sides, so each home is unique. “Once we start showing homes in June, we’ll get a feeling for future demand,” Peterson said. “It’s a very unique and complex project, but we think it is going to be amazing for Oceana County.” January Buyer’s Workshops will take place Saturday, Jan. 20, Tuesday evening, Jan. 23 and Saturday, Jan. 27. Those interested in participating should email Gaby Peterson at gabypetersonhomes@gmail.com or Deana Fox at dfox@shelbybank.com For more information on Shelby Acres, including photos and renderings, or upcoming workshops, please visit their recently developed website at www.shelbyacres.com.
At the December District Health Department #10 monthly meeting, two plaques were presented to the board. Deputy Health Officer Sara Oleniczak, above left, displays the first, a Public Health Accreditation for meeting the National Standards plaque. District #10 Health Officer Kevin Hughes, above right, displays the second, a Patriotic Employer Award he and the department received for supporting employee participation in the National Guard and Reserve Force. • Paul Erickson/Echo