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Commission approves letter of intent to pursue federal CDBG funding for downtown housing; DDA wins $15,000 Michigan Main Street vibrancy grant
Summary
The commission authorized the city manager to submit a letter of intent so the DDA and Thomas LaVagna Enterprises can pursue up to $700,000 in MSHDA CDBG funding for downtown housing. Separately the DDA announced it received a $15,000 Michigan Main Street vibrancy grant to fund a history walk, mural and other downtown improvements.
The Lapeer City Commission voted Monday to allow the city manager to submit a letter of intent so the Downtown Development Authority (DDA) and Thomas LaVagna Enterprises may pursue Community Development Block Grant funding through the Michigan State Housing Development Authority (MSHDA).
A DDA representative told the commission the letter of intent is required because CDBG funds are federal and must be submitted by the city; the DDA and developer will prepare much of the application work but the city’s signature is necessary to open the opportunity. The grant opportunity, if pursued and…
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