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Subject: Communication sponsored by Mayor Mason requesting up to $2 Million in HOME Funds for property redevelopment at 2509 Sixteenth Street and 1624 Holmes Avenue.
Recommendation of the CDBG Advisory Board on 12-09-24: To approve an allocation of up to $2 million in HOME funds for the demolition and redevelopment of 2509 Sixteenth Street, as well as for the development of the city-owned lot at 1624 Holmes Ave.
Fiscal Note: The HOME fund currently has sufficient resources to cover the demolition and redevelopment of 2509 Sixteenth Street and the development of 1624 Holmes Ave.
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