Home/Meetings/Jun 14, 2023 Regular/Item 12.05
PassedFinal tally · 50·Jun 14, 2023 · Regular·Item 12.05

Gap Funding for Phase III of Orange Avenue Apartment Redevelopment Project

Plain-language summary

The Commission unanimously approved reserving up to $1 million in ARPA and CDBG funds as gap financing for Phase III of the Tallahassee Housing Authority's Orange Avenue Apartments redevelopment. The funding will be structured as a forgivable loan.

✓ Reviewed by editor · Generated from source document, May 2026

How each commissioner voted

5 present

The Motion

As stated on the record

Reserve up to $1 million of American Rescue Plan Act (ARPA) and Community Development Block Grant (CDBG) funding to support phase III of the redevelopment of the Orange Avenue Apartments and authorize the City Manager or designee to execute a letter of commitment and closing documents to effectuate a forgivable loan.

Moved by
Seconded by
Official agenda title

Gap Funding for Phase III of the Tallahassee Housing Authority's Orange Avenue Apartment Redevelopment Project

📄BoardDocs · Jun 14, 2023 packet · page

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