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Committee continues $300 million housing bond discussion to Oct. 25
Summary
Committee members continued two resolutions related to a $300 million housing bond (rental affordable housing and homeownership down-payment assistance) to Oct. 25 to allow further coordination with the mayor's office and stakeholders; public commenters urged caution and transparency.
The Budget and Finance Committee on Sept. 27 continued two resolutions tied to a proposed $300 million housing bond to its Oct. 25 meeting to allow further negotiation and review. The resolutions would authorize bonded indebtedness not to exceed $300 million to finance construction, acquisition, rehabilitation…
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