Commissioners take mixed action on $200M housing bond RFPs; several projects approved, some denied and one deferred
Staff recommended conceptual approvals for multiple workforce and affordable housing projects funded by the county's $200 million housing bond. The board approved a subset, denied some projects due to cost/leverage scoring and deferred at least one (7th on Haverhill) for resubmission after clarifications. Commissioners asked staff to ensure cost breakdowns and underwriting detail before final approvals.
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County staff briefed commissioners on projects submitted under the bond-funded housing RFPs the board authorized in 2022. The bond program provides low-cost financing for workforce and affordable rental housing. Staff recommended conceptual approval for a set of workforce and affordable projects and recommended denying several others that did not meet scoring thresholds for leverage and cost per unit.
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