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minfin 12-11-23
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minfin 12-11-23
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12/19/2023 2:30:39 PM
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12/19/2023 2:30:17 PM
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Office Of Council
Document Type
Finance
Date
12/11/2023
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Workforce Housing <br />FY2023 Review <br />¤1484 Nelson Court ÏPhase 1 <br />¤Renter-occupied rehabilitation and <br />improvement projects (approved): <br />¤$350,000 HOME Investment with <br />Emeral Development & Economic <br />o 11 units <br />Network (EDEN) <br />o$115,000 (HOME) <br />¤Create 5 units of affordable rental <br />BeforeAfter <br />¤Owner-occupied rehabilitation and <br />housing <br />improvement projects (approved): <br />o 15 units <br />o$200,000 (CDBG) <br />¤Completed 10 lead-compliant Paint <br />Program projects through <br />LakewoodAlivefor a total of <br />$27,500 (CDBG) <br />BeforeAfter <br />FY2023 Review <br />¤Invested over $140,000 (CDBG) to <br />support the renovation of 15 <br />commercial facades and signs <br />through the Commercial Property <br />Rehabilitation Program leveraging <br />$600,000 in private investment <br />($4.29 in return for every $1 of <br />public funds) <br />Planning & Development Division <br />¤In partnership with Lincoln <br />FY2023Highlights <br />Institute of Land Policy with <br />support from the Greater Ohio <br />Policy Center, completed the <br />Affordable Housing Scenario <br />Planning Action Report <br /> <br />
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