Vancouver OKs $6 22M for housing, shelter projects
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Vancouver council weighs $9 27 million grant allocation
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Vancouver to seek $3.5 million loan for Fourth Plain Commons project
Plan includes public plaza, offices, affordable housing
Published: January 15, 2021, 6:03am
Share: The city of Vancouver will pursue a $3.5 million loan to build the Fourth Plain Commons project, which will be built at Fourth Plain and Norris Road in central Vancouver. (The Columbian files) Photo
Vancouver will work to secure a loan to help fund the next phase of the Fourth Plain Commons project, a multimillion-dollar investment that will bring housing and a community space to the Fourth Plain corridor.
This week, city councilors unanimously gave staff the green light to pursue a $3.5 million loan from the U.S. Department of Housing and Urban Development. The program called a Section 108 loan allows municipalities to multiply their Community Development Block Grant funds for projects, offering loans up to five times the amount of the grants.
Public meetings for the week of Jan. 10 The Columbian
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Urban County Policy Board, meeting remotely.
• 8:30 a.m., regular meeting: election of vice chair, CDBG-CV3 health clinic updates and recommendations, neighborly scoring refresher.
Vancouver City Council, meeting remotely. Available at CVTV.org or via telephone at 877-568-4106, access code 779-803-645.
• 5 p.m., workshop: COVID-19 community testing site update.
• 5:30 p.m., workshop: Fourth Plain Commons update.
• 6:30 p.m., regular meeting: Proclamation of Human Trafficking Awareness and Prevention Month, virtual opening of DuBois Neighborhood Park, acceptance of construction for First Neighborhood Park, Southside Interceptor Rehabilitation and Central Vancouver North Phase 1 Sewer Improvements, contract award for staff apparel, agreement with Washington Department of Ecology for pollution prevention, amendment to the VMC. Citizen forum.