HR Council OK’s Getting Funding For Property

 

The Hood River City Council has given municipal staff the go-ahead to acquire $1,600,000 in funding to attempt to acquire a seven-acre parcel on the west side of Rand Road for an affordable housing project.  It’s the latest effort by Councilors to address a lack of affordable housing opportunities.  The property is currently a mix of several different residential zones.  Mayor Kate McBride says after the collapse of the City’s efforts to develop a portion of the Morrison Park property for a housing project, they are looking for another location.  Infrastructure for the property would have to be addressed to develop it.  The City is seeking a loan with a ten-year repayment period, and has $400,000 in construction excise tax revenues that are earmarked for affordable housing to help offset some of that cost.  City Manager Rachel Fuller says the City is in the due diligence portion of the purchase.

Adblock Detected

We have detected that you are using an adblock in your browser’s plugin to disable advertising from loading on our website.

Your Experience is very important to us, and your Ad Blocker enabled will cause our site not to perform as expected.  Turn off the Ad Blocker or add our site to your exceptions.  After you turn off or add exception please refresh the site or click ok.

Please note: Clicking OK below will NOT disable your ad blocker. You will need to make that change within the ad blocker's settings.