High PriorityDevelopmentopen
Cherry Crossing II Affordable Housing Financing
Summary
The council approved the federal tax-law step needed to finance the 64-unit affordable apartment project's second phase. The city bears no debt risk, and the bond authority shares fees back to the general fund.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 17, 2026.
Impact analysis
💰Financial impact
No cost or risk to the city — plus a small charitable grant to the general fund from CMFA fees.
✅Who benefits
Future affordable housing residents and the city's general fund.
Mentions & discussions (1)
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