Metro bond interest: staff recommend allocations to five projects to stabilize development gaps
Staff reported roughly $5.498 million in Metro bond interest earnings available regionally and recommended awards for five local projects — Planbeck Gardens, Woodland Hearth, Hartwood Commons phase 2, Aloha 209 and Forest Grove — aimed at stabilization, loan paydown or closing funding gaps.
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Melissa Daley, senior real‑estate program coordinator, briefed the committee on Metro affordable‑housing bond interest earnings and the staff and panel recommendations for local allocations.
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