Legislation Details

File #: 16-5440   
Type: Consent Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 2/19/2024 Final action:
Title: Affordable Housing Funds for Habitat for Humanity Developments in Raleigh and Wendell
Attachments: 1. Agenda Item.pdf
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Affordable Housing Funds for Habitat for Humanity Developments in Raleigh and Wendell

Recommended Action

That the Board of Commissioners approves a loan of up to $2,400,000 to support the construction of 55 affordable homes in Raleigh and Wendell.

 

All funding commitments are subject to terms and conditions acceptable to the County Attorney. In addition, all awards are contingent upon the development receiving all applicable municipal approvals and permits.