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Bradenton, Manatee County leaders press gap‑financing plan to serve lower‑wage workers

2377017 · February 22, 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

City and county officials described a pipeline of roughly 600–800 workforce and senior housing units and discussed restoring county gap financing, prioritizing lower‑AMI units for county employees and workers who cannot afford market‑rate rents.

City and county officials at a Feb. 21 joint meeting described a pipeline of workforce and senior housing projects in Bradenton and said Manatee County is working to restore a gap‑financing program to help developers close funding shortfalls.

The discussion focused on whether county gap financing should be targeted to lower Area Median Income (AMI) tiers so workers who earn roughly $17–$20 an hour can afford to live near downtown. "I've had a few people that work within the county that have applied for these 2 developments...they simply didn't make even enough money to qualify for these units here, and they work within the county," Commissioner Jason Bearden said.

The city presented a list of projects it said total about 808 units either built or under construction in the Bradenton‑Manatee area, including Riverview 6 (about 80 units), Astoria (senior, 62+), Lincoln Village, Addison, The MET (199 units)…

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