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Council work session recommends $50,000 local pledge to support East Haven Apartments phase 2 application
Summary
City staff recommended using $50,000 of state-awarded housing funds to strengthen an application for a 54-unit second phase at East Haven Apartments; councilors voted to forward the recommendation to the April 14 council meeting.
City staff recommended that the city allocate $50,000 from recently awarded state housing funds to help the developers of East Haven Apartments secure Low-Income Housing Tax Credits for a proposed 54-unit second phase.
The recommendation, made during the Rocky Mount City Council’s Committee of the Whole work session on March 24, would direct $50,000 of the city’s $4,000,000 in state housing awards into the developers’ application to the North Carolina Housing Finance Agency. City staff described the requested local…
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