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Tompkins County approves $570,000 IDA contribution to Community Housing Development Fund; committee funds multiple local projects
Summary
The legislature approved distribution of community housing development funds on Sept. 16 after the program oversight committee recommended awards; county program income and new IDA contributions expanded available funds this year.
The Tompkins County Legislature voted on Sept. 16 to authorize disbursement of Community Housing Development Fund awards supported by county program income and new Industrial Development Agency contributions.
Why it matters: The Community Housing Development Fund (CHDF) supports local affordable-housing projects. At the Sept. 16 meeting staff explained the fund this year had an unusually large balance because of program income from past federal…
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