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Board sets RHID guidelines and approves LK townhome RHID project after task-force discussion (6-1)
Summary
Superintendent Reed presented draft guidelines for Reinvestment Housing Initiative Districts (RHIDs) and trustees approved those guidelines generally; trustees then voted 6-1 to advance the LK townhome RHID project (city resolution O41525-F), with one trustee opposed.
The USD 383 board reviewed draft guidelines for evaluating Reinvestment Housing Initiative Districts (RHIDs) and then voted to advance a specific LK townhome RHID project tied to City of Manhattan resolution O41525-F.
Guidelines: Superintendent Eric Reed presented a set of draft guidelines the district could use when reviewing RHID proposals. The guidelines recommend using the city's income-targeting definitions (for example the city's 80/20 area median income thresholds), preferring infill projects over greenfield developments,…
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