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Council shown $200,000 city commitment for Riverside Landing affordable housing project
Summary
City staff presented Resolution 2025-R-64 proposing a $200,000 contribution from the Cabell Huntington Wayne HOME Investment Trust Fund to Spire Development LLC’s Riverside Landing project; the project financing package and unit mix were described, and the item will return to council for action.
City staff introduced Resolution 2025-R-64, proposing a $200,000 commitment from the Cabell Huntington Wayne HOME Investment Trust Fund toward a development called Riverside Landing at 3224 Riverside Drive.
Kathy Burns presented the proposal and identified the developer as Spire Development LLC.…
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