3342-2024
To amend the 2024 Capital Improvement Budget; to authorize the City Auditor to transfer funds within the Affordable Housing Bond Fund; to authorize the Director of Development to enter into a grant agreement with Erie Ohio Capital CDFI Fund LLC in an amount up to $3,000,000.00 in support of development of Granville Woods Lofts, a 118-unit mixed-use affordable housing development project; to authorize the expenditure of up to $3,000,000.00 from the Affordable Housing Bond Fund; to authorize the reimbursement of expenditures incurred prior to the establishment of a purchase order; and to declare an emergency. ($3,000,000.00)
- Committee
- Housing, Homelessness, & Building Committee
- Requested by
- Dev Drafter
- Introduced
- November 22, 2024
- On agenda
- December 9, 2024
- Passed
- December 11, 2024