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Councilors debate restoring $2 million for affordable housing as federal funding faces uncertainty
Summary
Councilors urged restoring $3 million total in local affordable-housing support, citing the potential loss of federal CDBG/HOME funds and projects in the pipeline. Developers and housing advocates described how county dollars are used and the affordability bands served by a recent project.
Greenville County councilors debated restoring $2 million that would raise local affordable-housing funding back to $3 million, and discussed how local dollars are used to match federal programs and leverage development.
Councilor Mitchell urged the council to “restore the $2,000,000 to make it $3,000,000 for affordable housing,” saying that federal programs the county often leverages — Community Development Block Grant (CDBG) and HOME Investment Partnerships Program (HOME) — face uncertain federal funding for the next fiscal year and the county should protect projects that are already underway.
Why it matters: county matching dollars are often required or expected for Low Income Housing Tax Credit…
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