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Council report highlights $59M local investment in affordable housing fund and FY27 priorities
Summary
Council member Reynolds reported the social services and public safety committee's April 14 update: since 2015, $59,000,000 in local investments have leveraged over $474,000,000 and supported more than 3,800 units; FY27 priorities include expanding permanent supportive housing and serving households below 30% AMI.
Council member Reynolds delivered the April 14 report of the Social Services and Public Safety Committee, summarizing multiple initiatives the committee reviewed.
Reynolds said the Affordable Housing Fund remains the primary local tool for expanding and preserving housing for households at or below 80 percent of area median income (AMI). He reported that…
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