Summary
The vacant 21-story city-owned tower downtown is one step closer to becoming 249 affordable homes plus childcare and retail. The amendment improves terms for the city and keeps the project a year ahead of schedule.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Impact analysis
The city's $45.6 million note now earns 5% compounded interest, and the city keeps ownership of the land and a share of future proceeds.
Hundreds of low-income families who will get affordable homes downtown, plus families needing childcare.
Mentions & discussions (1)
Related development
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