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Board hears workforce housing updates; to file amendment to reclaim $72,000 in down payment assistance
Summary
Board members said the Darnell workforce housing project is moving forward, property sales at 117 N. Edna and 217 N. Ray closed, and the board will file an amendment to reclaim $72,000 in down payment assistance funds.
Board members on Aug. 18 reported progress on local workforce housing and related property transactions.
The board noted the Darnell workforce housing project is moving forward. Work is ongoing to identify vacant properties for potential redevelopment, and board members said they are researching funds attached to CNEDD that could be used for housing efforts. Separately, the minutes record the sale/closing on 117 N. Edna and 217 N. Ray Street; the board said it will file an amendment to reclaim $72,000 in down payment assistance funds tied to those transactions.
No formal vote on housing funding was recorded in the minutes. The reclaimed down payment assistance and any CNEDD-linked funds would affect the board’s available resources for future housing work.
