The goal of the 100 Homes Program is to create affordable units by acquiring existing properties that represent a mix of single and multi-bedroom units, and rent them to households with mix of incomes at affordable rent levels. The initiative is building on the success of the 100 Homes pilot funded in FY15. This phase of the project resulted in eight units in three properties.
Project complete
09-14-2017
Project Category
Project Details
Housing Units
24
0
24
Acres
0
0
0
0
0
0
CPA Funding
$0
$0
$0
$0
$0
$0
$0
0
$731,608
Other Funding Sources Leveraged
$6,466,210
$447,966
$138,053
Bank bond and loans
Total Project Cost
$7,783,837
$7,052,229
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