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TIDA accepts $45M AHSC conditional award to support IC 4.3 affordable housing and transit improvements
Summary
TIDA authorized acceptance and expenditure of an Affordable Housing and Sustainable Communities (AHSC) award of about $45 million for Parcel IC 4.3, funding housing construction, a park (Eastside Commons) and transit, pedestrian and bicycle infrastructure including ferry support.
The Treasure Island Development Authority on Jan. 9 authorized staff to accept and expend a conditional award from the Affordable Housing and Sustainable Communities (AHSC) program for the IC 4.3 affordable housing project.
Joey Benesini, TIDA vertical development project manager, told the board the IC 4.3 parcel will be developed by John Stewart Companies in partnership with Catholic Charities and will include about 150 affordable units: 30 legacy household…
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