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Lebanon sees $250M in recent investment; officials debate affordable housing options
Summary
City staff highlighted recent private and public investment (about $250 million) and multiple new projects (Wawa, Fifth Third, Gray Rock subdivision, Toll House Farms). Residents pressed the city on affordable housing and regulation of out-of-state rental owners; staff said subsidies are typically needed to create sub-$400,000 homes and are considering code changes requiring local managers for large out-of-state landlords.
Scott Barunka reviewed private development activity and the city’s approach to housing diversity. "Over the past 2 years, we've seen almost $250,000,000 of private and public investment," he said, citing commercial infill and several residential projects.
Key developments - Commercial: new Wawa at Kingsview Drive/Bypass 48, a daycare behind Big Mike's, Fifth Third Bank location and…
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