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Housing bond projects, home‑buyer assistance and adaptive‑reuse efforts under way; city seeks durable funding for 10‑year housing plan
Summary
Staff reported progress on the $4.42 housing bond and on the city’s 10‑year housing plan: rental incentive funding rounds, a home‑buyer assistance procurement, adaptive reuse zoning changes and an RFP to redevelop city housing sites were all in process.
Staff working on housing bond and policy programs updated the council on Proposition 4.42 and the broader 10‑year housing plan during the retreat.
City housing staff said the rental incentive fund approved by the bond has already made awards: the city previously approved awards to Foundation for Senior Living for two phases of senior apartments and will complete a second and likely final round with the remaining $1,670,000. A home‑buyer assistance program (community home buyer assistance program…
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