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Council asks administration for list and preservation plan for 42 subsidized units set to expire in 2025
Summary
Councilors pressed the administration for a location-by-location report and options to preserve 42 deed-restricted subsidized housing units whose affordability terms may expire this year; city staff agreed to return a report to the Economic Development committee.
Councilors pressed the city administration on a line in the draft housing production plan that said 42 subsidized housing units are scheduled to lose deed restrictions in 2025, asking what the city can do to preserve affordability.
Councilor King asked whether the number and locations were known; Peter Dunn, director of economic development, said the state maintains a subsidized housing inventory listing properties and…
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