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Housing department reports $3.7 million invested in first half of fiscal year; $4.8 million in ARPA developer subsidy remains in pipeline
Summary
Gainesville’s Housing and Community Development director updated commissioners on ARPA, CDBG, HOME and local programs; staff outlined three major developer projects, Community Land Trust sales, owner-occupied rehab pipeline and an upcoming $1.6 million notice of funding availability.
City housing staff told the commission on May 1 that the city has invested roughly $3.7 million in housing programs across the first two quarters of the current fiscal year and that several ARPA-backed developer projects are moving toward construction and closings.
Corey Harris, director of Housing and Community Development, briefed commissioners on federal, state and local funding sources — including CDBG, HOME, ARPA, and SHIP — and provided updates on major projects that the city’s ARPA developer subsidy is helping to advance.
Harris said about $4.8 million remains in the ARPA developer subsidy pipeline, and the largest share of that support is slated for the Wilton Park Phase II project led by the housing…
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