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City closes out Homekey‑funded Elm Avenue rehab; two units rented to qualifying veterans
Summary
City staff reported completion of acquisition and rehabilitation of four Elm Avenue units under a $713,175 HCD Homekey/CDBG grant; two units are rented to qualifying veterans, one referral is pending, and the units are restricted for 55 years under affordability covenants.
City staff presented a closeout report on the Elm Avenue Homekey project and the council approved closing documents on March 10.
Abigail Hernandez, city staff, said the city acquired four residential units (6937–6943 Elm Avenue) under a $713,175 grant from the Department of Housing and Community Development and completed minor and major rehabilitation so the units meet…
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