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Board hears plan to allocate $300,000 in HOME funds for five duplexes (10 units)
2215471 · January 29, 2025
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Summary
Staff told directors the city will provide $300,000 in HOME funds to University District Development Corporation to support five duplexes (10 units) at $30,000 per unit; staff said federal drawdown activity is subject to a court order pause and that those specific funds are not in immediate danger.
The Little Rock Board of Directors reviewed an item proposing $300,000 in HOME funds to the University District Development Corporation to support affordable housing development. Staff clarified the project scope and federal fund timing during the agenda…
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