Lee County allocates $90M for multifamily affordable housing projects and recovery efforts

November 05, 2024 | Lee County, Florida


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Lee County allocates $90M for multifamily affordable housing projects and recovery efforts
The Lee County Board of County Commissioners (BoCC) held a regular meeting on November 5, 2024, focusing on the allocation of remaining funds for multifamily affordable housing and the approval of a design contract for park repairs following hurricane damage.

A significant portion of the meeting was dedicated to discussing the remaining $90 million in funding for multifamily affordable housing projects. Commissioners expressed the need for flexibility in allocating these funds, emphasizing that if any approved projects fail to secure financing or funding lapses, the money would remain within the multifamily affordable housing category until the board decides on its reallocation. The discussion highlighted the complexities involved in project financing and the potential for some projects to fall out due to various challenges, including financing issues and necessary approvals.

Commissioner Pendergrass moved to approve two specific projects and encouraged staff to explore additional funding opportunities. The motion was seconded, and after further discussion, it was amended to include a directive for staff to collaborate with the City of Cape Coral to assess project feasibility within city limits. The board unanimously approved the motion, signaling a proactive approach to addressing housing needs in the community.

In addition to housing discussions, the board approved a contract with Johnson Engineering LLC for nearly $2.5 million to design and permit repairs for Crescent Beach Park and Bowditch Point Regional Park, both of which sustained significant damage from recent hurricanes. The design phase is expected to take 12 to 18 months, followed by construction. Commissioners acknowledged the urgency of these repairs, especially with the upcoming tourist season, and expressed a desire to expedite the process where possible.

The meeting concluded with a reminder of the ongoing challenges faced by the community, particularly regarding debris pickup and the need for clear communication with residents about the complexities of funding and project timelines. The board's commitment to transparency and responsiveness was evident throughout the discussions, as they navigated the intricacies of funding allocations and community needs.

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