Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Albany Commission OKs $220,000 ARP Infusion for Carroll Street Townhomes
Summary
The Albany City Commission unanimously approved a resolution to allocate $220,000 in remaining American Rescue Plan funds to MP Organization LLC for completion of the 32-unit Carroll Street townhome development; terms mirror the original agreement with 50% repayable and 50% forgiven upon satisfactory completion.
The Albany City Commission voted unanimously Sept. 2 to authorize an additional $220,000 from American Rescue Plan funds to MP Organization LLC to support completion of the Carroll Street Garden townhome development at 108 South Carroll Street.
City staff told commissioners the developer expanded an earlier plan for two duplexes into a 32-unit townhome project serving both households at risk of homelessness and market-rate renters. Officials said higher costs from switching to underground stormwater retention, weather and supply-chain delays created the shortfall. Staff recommended using remaining ARP grant dollars to cover the gap…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
