On Tuesday, Nov. 29, the Council Committee on Housing and Economic Development (HED) will meet at 5:30 p.m. at Concord City Hall to consider an affordable housing funding request.
The agenda includes consideration of:
- an affordable housing funding request from Eden Housing, a non-profit affordable housing provider, to acquire and preserve the long-term affordability of Coral Court and Sunset Pines Apartments, thereby preventing the potential displacement of the current tenants;
- a proposed update to the City’s Affordable Housing Ordinance; and
- a discussion and recommendation regarding the allocation of $500,000 of the ARPA (American Rescue Plan Act) funds.
The meeting will take place in the Garden Conference Room, located in Wing A of City Hall, 1950 Parkside Drive.
One can only hope a pains taking in depth review will be made of FAILURES past and current of “affordable housing” experiment, of last Century, along the Monument Blvd. corridor is made.
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How much in city services does that previous experimental area cost in city services each year and what is crime rate ? ? ?
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“HISTORY”, learn from it or repeat it . . . .
Non-profits can be very profitable! 🤑
Don’t they think we have enough crime here already?