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Council reviews affordable housing CIP items, 501 Cherry funding and small‑area plan implementation
Summary
Councilors reviewed affordable housing projects carried in the FY27 CIP, including a $700,000 addition to 501 Cherry, updates on a finalized loan for Carlton mobile home park (balloon payment noted for 2030) and staff plans to use small‑area plan implementation funds for near‑term projects.
City staff told Charlottesville City Council at the FY27 work session that most affordable housing line items carry forward from last year, with a few changes tied to recent actions.
Notable changes: staff said $700,000 was added to FY28 for work at 501 Cherry following a recent council action. The Carlton mobile home park loan has been finalized; that reduced…
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