Ratify city manager's amendments to Motel 6 purchase for homeless housing

Housing & HomelessnessHousing

In Plain English

The city received state Homekey funds to convert a Motel 6 at 425 24th Street into 48 permanent housing units for homeless residents. The original purchase price was $9.1 million, but the city negotiated it down to $6.2 million. If approved, the city provides up to $4.9 million in additional funding and waives $177,000 in unpaid hotel taxes.

Auto-generated summary. Source: official agenda documents.