Developer halts 100‑unit Valley Cove project, citing $15 million shortfall and permitting hurdles
A proposed 100‑unit Valley Cove development in Marysville stalled after the developer said soft costs and an estimated $15 million funding gap left the project infeasible; participants at a Perry County housing work group discussed financing, grant timing and municipal zoning barriers.
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Jason Finnerty, Perry County planning coordinator with the Tri County Regional Planning Commission, convened a virtual housing work group that heard from a developer who said a proposed Marysville project proved financially and administratively unworkable.
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