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Committee extends deadlines for two affordable-housing loans, amends administering department
Summary
A Cuyahoga County committee voted to amend Resolution 2021-0268 to substitute the director of housing and community development for the director of development and to extend sunset dates to Dec. 31, 2024 for two affordable-housing projects, including the Warner Swayze conversion.
A Cuyahoga County committee voted to amend Resolution 2021-0268 and extend loan sunset dates to Dec. 31, 2024 for two affordable-housing projects, the committee chair said during the meeting.
Sarah Parks Jackson, director of the Department of Housing and Community Development, told the committee she requested the amendment to change the department name in the resolution and to extend the sunset date so two projects could close in compliance with the resolution’s timing. "The Arch at Saint Michael's is moving forward. We're preparing paperwork, but because of the date of the resolution and the sunset, we needed to extend it so that when we close, we are in compliance," Jackson said.
Jackson said the Warner Swayze…
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