PHA seeks additional $2 million from Housing Trust Fund for Esplanade Gales project
The housing authority approved a resolution to apply to the Housing Trust Fund for an additional $2 million to close a roughly $2.5 million financing gap for the Esplanade Gales development; the application is due Oct. 16 and the fund now allows awards up to $5 million.
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The Jefferson County Public Housing Authority voted to apply to the state Housing Trust Fund for an additional $2 million for the Esplanade Gales affordable housing project to address a remaining financing gap. The board approved a resolution to pursue the funding during the meeting.
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