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Council advances plan to create CDBG-backed affordable housing modernization fund
Summary
Council member Rebecca Rathmill proposed creating an "affordable housing development modernization fund" funded by unspent CDBG dollars to repair health and safety deficiencies in older subsidized housing; the ordinance was moved to the planning committee by unanimous roll call.
Council members on Monday moved an ordinance to create an affordable housing development modernization fund, intended to use unspent Community Development Block Grant (CDBG) dollars to finance targeted rehabilitation of older affordable housing developments.
Council member Rebecca Rathmill, presenting the planning-committee item, cited Broome County’s…
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