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Highlight: SB 856 would restore CDC's grant and lending authority
Gulliguchi Historic Neighborhoods Community Development Corporation · March 18, 2026
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Summary
Executive Director Thomas Foxley told the CDC board that Senate Bill 856 would reinstate the Community Economic Development Act and allow the CDC to make public grants and loans; the board asked staff to consult legal counsel and monitor the bill.
"There’s currently a bill in the Senate Finance Committee introduced in January, Senate Bill 856, which effectively…
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