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Astoria adopts Housing Initiative and Community Resiliency programs to spur mid-housing
Summary
The council adopted a Housing Initiative Program and Community Resiliency Program using Fund 140 to offer low-interest loans (typical $100,000) and resiliency grants; council directed staff to bring a resolution renaming Fund 140 and emphasized deed restrictions as a tool to preserve workforce units.
The Astoria City Council voted Oct. 20 to adopt the Housing Initiative Program (HIP) and a complementary Community Resiliency Program aimed at leveraging roughly $500,000 in one-time funds in Fund 140 to encourage housing development and support critical nonprofits.
City Manager Spence described the program presented at a Sept. 29 work session: a $100,000 low-interest loan product aimed at mid-housing types — duplexes, triplexes, fourplexes, cottage clusters and multifamily projects — and a $100,000 set-aside for community resiliency grants with anticipated awards of about…
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