ACTION Apartment Association - City Poised to Pay Nearly $35 Million to Save 40-unit Building

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City Poised to Pay Nearly $35 Million to Save 40-unit Building

City Poised to Pay Nearly $35 Million to Save 40-unit Building

08/06/2025 12:38 PM | Margaret Fulton (Administrator)

The $19,616,330 loan from the City's Housing Trust Fund (HTF) to Community Corporation comes after the affordable housing provider received a $15,183,670 HTF loan in January 2000 to buy and prepare to rehab the building.