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Brownfield board approves Pleasant Hills phase 3 with housing affordability commitments
Summary
The Brownfield Redevelopment Authority approved a plan amendment and local Brownfield revolving loan fund (LBRF) grant for phase 3 of the Pleasant Hills project in Roosevelt Park, advancing 27 for-sale units including 16 income-restricted homes and a $250,000 LBRF request for down-payment assistance.
The Brownfield Redevelopment Authority on a voice vote approved an amendment to the Brownfield plan and a conditional Local Brownfield Revolving Fund grant for the Pleasant Hills phase 3 project at 539 New Avenue Southwest.
The amendment, presented by Mackenzie (BRA staff), covers demolition of an existing storage building and construction of a new five-story, 27-unit for-sale building in the Roosevelt Park neighborhood. Mackenzie said 16 of the 27 units will be priced for households at or below 80% of Kent…
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