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Commission advances housing-fund policy outline to council for further review
Summary
Staff presented a policy outline to deploy housing fund dollars for acquisition, demolition and redevelopment (affordable and market-rate) aimed at increasing homeowner and missing-middle units; the commission voted unanimously to move the outline forward to council for formal consideration.
Mara, a staff member presenting a housing-fund policy outline, told the commission that the outline is an initial step to operationalize a CIP request intended to finance acquisition, demolition and redevelopment projects to increase both affordable and market-rate housing, with emphasis on single-family and…
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