High PriorityDevelopmentopen

Merriment Village affordable housing funding

Summary

Habitat for Humanity's 217-unit affordable project on Walton Avenue is under construction, and the city agreed to co-apply for up to $10 million more in state money to finish Phase 1 — no city cash at risk, but the city shares responsibility for delivering the grant.

At a glance

Total mentions: 1
Last 30 days: 0

Last discussed Jul 7, 2026.

Impact analysis

💰Financial impact

No general fund impact, but the city becomes jointly responsible for grant delivery or repayment.

✅Who benefits

Future low-income residents of the 79 units and taxpayers if the bank loan is retired.

Mentions & discussions (1)

MeetingJul 7, 2026approved

City Council - Jul 7, 2026

Related development

approved

Merriment Village Apartments Phase 1

If the grant lands, the 79-unit building gets finished without the expensive bank line of credit and with operating money in hand. If awarded, the city will need new agreements and contractual assurances — which come back to the council.

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