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Council OKs $299,770 HOME reallocation to housing authority contract for affordable units
Summary
The panel approved moving $299,770.38 in HOME funds into a 2024 contract with the housing authority to support a multi‑phase affordable housing project the transcript describes as a 54‑unit development; staff described phasing, infrastructure funding, and unit counts during discussion.
Community and Neighborhood Services staff asked the panel to reallocate $299,770.38 in HOME funds into a 2024 contract with the local housing authority to support the development of affordable housing. The panel approved the request.
Speaker 2 said the requested $299,770.38 would be added to a housing authority contract that, when combined with amounts approved in 2013 and 2014, would total $1,008,890.60.…
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