File #: 21-239    Version: 1 Name: Additional Grant Request for Michigan Square
Type: Action Report Status: Carried
File created: 3/24/2021 In control: Regional Housing Trust Fund Commission
On agenda: 4/8/2021 Final action: 4/14/2021
Title: Additional Grant Request for Michigan Square
Attachments: 1. Staff Report: Additional Grant Request for Michigan Square, 2. Appendix A: Letter of Request-Michigan Square Funding Increase

Title

Additional Grant Request for Michigan Square

 

Recommendation

The Regional Housing Trust Fund Commission recommends to the Capital Regional District Board:

That a grant in the amount of $525,000 to the Capital Region Housing Corporation be approved to support the development of 35 additional units of affordable rental housing at 330 Michigan Street, Victoria, subject to meeting the terms of the Regional Housing Trust Fund Grant Funding Agreement.

(WP - All except Langford, Colwood and the JDF Electoral Area)