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Council commits city funds for Nordic Cottages to meet HUD requirements
Summary
Council adopted Resolution 2024-12 committing previously approved city funds to the Nordic Cottages affordable‑housing project; council corrected a numeric typo in the resolution before approving the motion.
The Poulsbo City Council voted to adopt Resolution 2024‑12 on Aug. 14, obligating the city’s previously approved project funds to the Nordic Cottages affordable‑housing project so the developer could satisfy HUD voucher program requirements.
Staff explained the resolution simply formalizes funding already in the project budget and that HUD required a city commitment letter to move construction forward. Council members corrected a drafting error (a missing zero in a stated debt amount) during discussion and amended the motion to restore the correct figure before voting. The motion passed on a voice vote; councilmembers expressed appreciation for staff work to expedite the document after it was added late to the agenda.
Why it matters: The resolution clears a contractual or administrative step in HUD’s funding/approval process and allows the project to proceed toward construction, according to staff.
