New Hanover County officials recently sat down in front of the Local Government Commission, part of the state treasurer’s office, to make the case for a public-private partnership called Project Grace. WHQR news director Ben Schachtman sat down with Johanna Still from the Great Wilmington Business Journal to talk about it.
WHQR The ad-hoc housing and transportation committee (from left to right around the table): Councilmember Charlie Rivenbark, Commissioner Deb Hays, Commissioner Rob Zapple, Councilmember Kevin O Grady, Councilmember Clifford Barnett, Sr.
A recently formed ad-hoc committee on housing and public transit met again this morning. At the meeting, the city council members and county commissioners who make up the committee nudged forward plans for a housing bond.
The ad hoc committee heard from staff about four possible buckets of money that the $50 million housing bond could go into: developing affordable housing, public-private partnership, homeownership, and rehabilitation.
Benjamin Schachtman
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That s serious funding, on par with the seriousness of the housing crisis. But details were sparse.