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Commerce Village grand opening slated for Dec. 6; authority to place project‑based vouchers
Summary
Staff said Commerce Village 2 is near completion with a grand opening scheduled Dec. 6; authority plans to place project‑based mainstream vouchers at Commerce Village 1 and 2 to increase voucher utilization.
Michael told the board Commerce Village 2 is nearing completion and staff will announce a grand opening event scheduled for Dec. 6 to coincide with the authority's 70th anniversary. "Commerce Village 2, you all will be seeing a notice here very shortly of the grand opening of Commerce Village, scheduled for December 6," he said, and the board discussed timing and celebration details.
Staff also said they plan to project‑base mainstream vouchers at Commerce Village 1 and 2 (and batch vouchers at Commerce Village 2) to boost utilization and eligibility for additional funding tied to voucher utilization rates. The board noted the project is fully leased and discussed tenant outreach and community event logistics for the opening.
