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Commissioners recommend CDBG application to rehabilitate Laurel Gardens, back LB Lofts affordable housing
Summary
Homefront and developer Homeward presented a plan to rehabilitate Laurel Gardens and fold it into an LB Lofts project; commissioners recommended the applicants proceed with a Community Development Block Grant application to help fund interior renovations and preserve 30 senior units.
Homefront representatives on Sept. 24 urged Yellowstone County commissioners to back an application for Community Development Block Grant funds to complete interior renovations at Laurel Gardens and help fund a larger affordable housing project in Billings.
Amber Uslak, director of assets for Homefront, and Heather McMillan, project development director for Homeward, described a two-part plan that would place Laurel Gardens—acquired by Homefront in February 2020 and originally built in 1977—on the 4% side of a Montana Housing tax-credit application tied to a new LB Lofts development on Sioux Lane. McMillan said Homefront has…
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