Authorize property purchase at 425 24th Street for 48-unit homeless housing project
In Plain English
The city applied for state Homekey grant funds to create supportive housing for homeless residents at 425 24th Street. The property owner originally wanted $9.1 million but agreed to sell to the city for $6.2 million if the grant is approved. If approved, the city provides up to $4.9 million in additional funding and waives $308,000 in taxes and fees.
Auto-generated summary. Source: official agenda documents.
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