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JDA opens public hearing and unanimously approves higher buy‑down for ACME Tools flex‑PACE loan
2481362 · March 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The Joint Development Authority held a public hearing and unanimously approved an updated, larger buy‑down amount for ACME Tools’ flex‑PACE loan after staff said rising interest rates increased the amount the community must contribute.
At the Joint Development Authority meeting on March 3, staff reported that rising interest rates have increased the buy‑down amount requested for an existing ACME Tools flex‑PACE loan originally…
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