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Redevelopment commission approves 2026 budget, $82,100 Park‑30 study contract and a $50,000 attainable‑housing grant
Summary
The commission adopted its final 2026 budget, approved a professional‑services contract for a Park 30 East study (SEH Engineering), authorized the Valpo Art Walk budget and approved a $50,000 down‑payment assistance grant for Paradise Community Homes, all by voice votes.
The Valparaiso Redevelopment Commission approved its final 2026 budget and several spending items during a packed meeting that also included contract and grant approvals.
George presented the final budget, noting it includes expenses through November and projects an ending cash balance near $4,000,000. He highlighted a $15,000 increase to the city‑services line to align reimbursements and stipends, an anticipated carryover of roughly $93,000 for school challenge‑grant reimbursements, and reimbursements of $148,005.95 from Emerson related to shared utility costs at the Regill McGill plant. He described initiatives and projects that include housing initiatives (increased from $1,000,000 in the draft to $1.75 million in the…
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