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ID#25-0613

Approve a local government contribution of $610,000.00 in General Fund Reserves as a funding commitment required for Blue Fort Harrison, LLC (Blue Sky Communities) to receive a basis boost under the State of Florida’s Low Income Housing Tax Credit (LIHTC) Program for an 82-unit affordable housing development project at 1219 Fort Harrison; and authorize the appropriate officials to execute documents necessary to effect closing.

Action Item Passed Introduced June 24, 2025
Committee
Economic Development & Housing
Requested by
Economic Development & Housing
Introduced
June 24, 2025
On agenda
July 10, 2025
Passed
July 10, 2025

Where it was heard

City Council Jul 10, 2025 approved Pass Council Work Session Jul 7, 2025 recommended for approval