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File #: 25-0629    Version: 1 Name:
Type: Action Item Status: Held
File created: 4/11/2025 In control: Community Development Authority
On agenda: 4/17/2025 Final action:
Title: Consideration of Affordable Housing Fund Policy
Attachments: 1. CDA Affordable Housing Fund Policy 4.8.2025 V1

title
Consideration of Affordable Housing Fund Policy

 

body

Submitted by:

Jennifer Ferguson

Department:

Economic Development

 

Per the CDA’s By-Laws, the purpose of the Authority is to act as the development agent for the City in matters related to redevelopment and housing, with a commitment to addressing blight elimination, affordable housing, and urban renewal projects.  The CDA oversees the Affordable Housing Fund as a financing tool to support the development of affordable housing.  A draft Affordable Housing Policy, to establish the parameters for the use of these funds, is attached for review and discussion.