CRA reports 2,315 units in pipeline; 896 designated affordable, staff to circulate details
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Summary
CRA staff reported 2,315 pipeline units with 896 designated as affordable, said 1,396 units are complete (487 affordable) and outlined FY2027 priorities including completing $58 million in projects and addressing parking constraints.
Vanessa Martin, CRA staff, told the Northwest CRA advisory board that the agency has 2,315 housing units in its current development pipeline, of which 896 are designated affordable. "If you take a look at this slide here, there's a total number units of 2,315 and of which 896 will be affordable," Martin said during the board's funding update.
Martin said eight projects in the pipeline have not started, two are in progress and five are completed; she later reported that total completed units stand at 1,396, of which 487 are affordable. She listed completed mixed-use developments that have delivered affordable units, naming 7th On 7th, Gallery At Fat Village, The Adderley, The Arcadian and Mount Hermon.
Board members pressed staff to clarify line-item counts and asked for addresses for projects so members could match project names to locations. Martin said staff will circulate the presentation and backup materials with the requested address information.
Martin also summarized the CRA's investments over the last decade, saying the agency has invested about $127 million in the district and citing recent contributions including about $846,100 for the American Legion site, roughly $385,000 for a restaurant rehabilitation, approximately $3.9 million toward a Thrive Development Group business complex and a $10,000,000 contribution tied to the YMCA project. "We're just trying to show you some of the contributions as far as businesses and commercial spaces," Martin said.
Looking ahead, Martin said staff is preparing the FY2027 budget and will bring recommendations to the board in the coming months. She said the CRA will prioritize finishing roughly $58 million in projects currently in progress and will continue to focus on affordable housing, job creation, parking solutions and infrastructure improvements.
The board asked for more detail on reported job numbers, including whether positions were full-time and the education or experience requirements; Martin said the jobs cited included full-time positions and that staff will provide the detailed job report to the board. The CRA agreed to circulate the full presentation and requested documentation to members before the next meeting, scheduled for April 14.