Summary
Council approved bonding up to $35 million to build roughly 330 units downtown, at least 100 affordable at 60% AMI. It's the second bond issuance backed by the affordable housing millage.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed May 4, 2026.
Impact analysis
Up to $35 million in bonds repaid largely through affordable housing millage revenue.
Low- and moderate-income households earning up to about $70,500 a year who could qualify for the new units.
Mentions & discussions (2)
City Council — May 4, 2026
Council created a $35 million affordable housing bond fund, a major step in the city's housing investment.
City Council — March 16, 2026
Council approved bonding up to $35 million to build roughly 330 units downtown, at least 100 affordable at 60% AMI. It's the second bond issuance backed by the affordable housing millage.
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