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Commission hears housing and predevelopment updates; KEDCO outlines capital-stacking and project pipeline
Summary
KEDCO told the commission about predevelopment funding, Club 720 buyer programs, and multiple projects including South Shore, Autocam, North Trace RV Resort and a 55+ community; staff said the county is using land gifts, infrastructure support and grants to make projects viable.
Dawn, representing KEDCO, told the Kosciusko County Redevelopment Commission that county and KEDCO staff are focused on creative capital-stacking to move smaller community housing projects into development.
Dawn described the predevelopment workflow — site investigation, due diligence, utilities checks and engineering — and said the commission typically budgets $75,000 for early-stage predevelopment work to package sites for developers. She said KEDCO and Club 720 assist with buyer education and strategies…
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