Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Affordable Housing Funding topic
No spam. Unsubscribe anytime.
City commits $75,000 toward CNI South Ward Village phase 3 local match
Summary
The council approved a $75,000 local government contribution as a match toward Florida Housing Finance Corporation funding for CNI South Ward Village phase 3; the vote carried and one councilmember recused on a separate item earlier in the meeting.
The council approved a $75,000 commitment to the Housing Authority for the CNI South Ward Village phase 3 project, providing the local match required to pursue state funding programs through the Florida Housing Finance Corporation. The commitment was presented as the city's local government contribution to support a multifamily affordable housing financing package.
A councilmember disclosed a potential conflict and recused earlier in the meeting on related items; this item passed by voice/roll call with no opposition recorded. Staff will incorporate the local match into the funding application and track grant milestones.
