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Read. Follow. Verify.Approval of $1.05 Million Funding for Riverbend Landings Affordable Housing Project
Record date · January 27, 2026
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What This Bill Does
The Board of County Commissioners has approved a funding agreement to provide $1,050,000 in state and federal grants to support the construction of a 146-unit affordable rental housing development. The project, known as Riverbend Landings Apartments, will be developed by Riverbend Landings II Partners, Ltd.
This agreement commits $1,050,000 in public funds toward the construction of 146 affordable rental units in District 5, establishing the financial terms for the project's development.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Riverbend Landings II Partners, Ltd.
They are the designated developer receiving the $1,050,000 in funding for the construction project.
District 5 Residents
They are the residents of the area where the 146-unit affordable housing development will be constructed.
Key Facts
- The Board of County Commissioners approved a funding agreement for the Riverbend Landings Apartments project.
- The project will consist of 146 units of affordable rental housing.
- The project will receive $1,000,000 in funding from the State Housing Initiatives Partnership (SHIP).
- The project will receive $50,000 in funding from the HOME Investment Partnership Program.
Show all 9 facts
- The total public funding authorized for this project is $1,050,000.
- The agreement authorizes the Chairman to execute the contract and all subsequent documents and revisions.
- The project is located in District 5.
- The file number for this legislative item is 2026-0067.
- The item was introduced on January 8, 2026.
Frequently Asked Questions
What is the total amount of public funding for this project?
How many housing units will be built?
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News Coverage
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Discoveries
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Funding Source Mix
The project relies heavily on state SHIP funds ($1M) compared to federal HOME funds ($50k).
Sources
webapi.legistar.com
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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