Funding Increase for Senator Villas Affordable Housing Project

Original title: RESOLUTION AMENDING RESOLUTION NO. R-1054-09 TO INCREASE ALLOCATION FROM BUILDING BETTER COMMUNITIES GENERAL OBLIGATION BOND PROGRAM PROJECT NO. 249 – “PRESERVATION OF AFFORDABLE HOUSING UNITS AND EXPANSION OF HOME OWNERSHIP” FROM $1,000,000.00 TO $3,000,000.00 FOR THE SENATOR VILLAS PROJECT LOCATED AT SW 40TH STREET AND SW 89TH AVENUE TO FUND THE DEVELOPMENT OF AFFORDABLE HOUSING UNITS FOR THE ELDERLY IN COMMISSION DISTRICT 10

Record date · May 8, 2018

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What This Bill Does

This increases the funding for the Senator Villas affordable housing project from $1 million to $3 million. The additional funds are sourced from the Building Better Communities Program to support the development of housing for the elderly in Commission District 10.

Why it matters

The authorizes an additional $2 million in public bond funds for the construction of affordable housing units specifically for elderly residents at the intersection of SW 40th Street and SW 89th Avenue.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Elderly residents in Commission District 10

They are the intended occupants of the new affordable housing units being developed.

Directly affected

Board of County Commissioners

They are the governing body responsible for approving the allocation of bond funds.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.