Live Breaking News & Updates on Grand Rapids Housing Fund Board
Stay updated with breaking news from Grand rapids housing fund board. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Grand Rapids Business Journal Courtesy city of Grand Rapids The Grand Rapids City Commission advanced its work to eliminate racial and ethnic disparities in housing in Grand Rapids and increase housing supply, as it discussed next steps in the formation of the Grand Rapids Housing Fund. The discussion followed recommendations made during the committee of the whole meeting by city administration with support from the city’s housing practice leader, Housing Next. The proposed, non-endowed, designated housing fund would help assist low- and moderate-income residents, preserve existing affordable housing and make bridge loans for acquisition and pre-development costs with nonprofit developers. The two-pronged policy recommendation includes an operations policy and fiduciary for housing funds. ....