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Flagstaff updates on RAD, bond-funded projects and new affordable units as part of housing work session
Summary
City housing staff updated council on Rental Assistance Demonstration planning, exhausted homebuyer down-payment bond funds, adaptive-reuse work, and several completed or under-construction affordable rental and ownership projects including Villas on Lake Mary and Timber Sky developments.
Flagstaff housing staff briefed the City Council on April 22, outlining next steps for the Rental Assistance Demonstration (RAD) planning process, the status of bond-funded programs, and recent affordable-housing completions and projects underway.
City housing staff said the city has published a request for qualifications (RFQ) to identify a partner for a community homebuyer assistance program; responses are due May 6. Staff also reported that funds for the Community Home Buyer Assistance down-payment program were fully exhausted after four February closings, while employer-assisted housing funds remain available. An RFP for a consultant to guide the city’s…
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