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Tacoma Community Redevelopment Authority outlines priorities; NOFA expected with just over $8 million

2315736 · February 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a Feb. 13 Community Vitality and Safety Committee meeting, TCRA staff reviewed the agency's history, programs and 2025 priorities, including a capacity-building workshop, an early-March NOFA with roughly $8 million available, and a plan to systematize land acquisition if future funding becomes available.

Felicia Medlin, division manager in the City of Tacoma's Community and Economic Development Department, told the Community Vitality and Safety Committee on Feb. 13 that the Tacoma Community Redevelopment Authority is expanding several housing and economic development activities while preparing a funding round she expects will top $8 million.

The report outlined the TCRA's role administering federal and state housing funds, its portfolio of low-interest loans and revolving business loans, and near-term work including a capacity-building workshop Feb. 19 and a notice of funding availability anticipated in early March. Medlin said the NOFA would include just over $8,000,000 from local and federal sources.

The TCRA was established in 1973 to manage federal programs such as HOME and Community Development Block Grant funding and later took on administration of state housing trust and local affordable housing funds, Medlin said. Rhonda Vandermeer, senior housing analyst and staff liaison to the TCRA, presented alongside Medlin and described the board's required composition,…

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