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Council approves letter of support to reserve CDBG funds for Loffler Block housing project
Summary
The council authorized staff to prepare a letter of intent to reserve Community Development Block Grant (CDBG) funding for the Loeffler Block redevelopment in downtown Ishpeming, a proposal to create five ground-floor apartments and rehab existing upper units.
Bryce Sturmer, a local developer who owns multiple properties in Ishpeming, asked the council for a letter of support to reserve Community Development Block Grant (CDBG) funding for a downtown housing project at the former Raleighs Furniture building (referred to in the presentation as the Loeffler Block).
Sturmer described a plan to create five new, accessible ground-floor apartments, rehabilitate seven existing upstairs units, and prioritize rents at or below 80% of area median income (AMI). He said the project aims…
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