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Developer introduces affordable studio project at former Apple Bank site; details limited
Summary
At the June 30 meeting a developer (VRC) introduced an early-stage plan to convert the old Apple Bank building into what they described as about 100 studio units targeting very-low-income households; attendees said the project is at an early stage and will return with financing and syndication details.
Members of the housing and land‑use committee told the full board on June 30 that VRC (presenter) introduced an early concept to convert the former Apple Bank property into an as‑of‑right residential project.
Committee members described the proposal as roughly a nine‑story building with…
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