Posts Tagged ‘LOR12879’
Clackamas County intends to amend the Consolidated Plan in the following manner:
Program Year 2012-2013 (2012 Action Plan)
1. Sandy Workforce Housing (2011/24) – HOME funds in the amount of $200,000 will be reprogrammed from Multi-Family Rental Housing project (2012/0012) into the Sandy Workforce Housing activity. This project will provide 56 units of newly constructed affordable rental housing for families and singles in the City of Sandy. Units will be a mix of one-, two-, three- and four-bedroom units. The large site will allow ample space for outdoor facilities such as a playground, community building, and individual storage. The Sandy Workforce Housing activity was originally funded with $600,000 of HOME funds. The additional funds are needed to offset the loss of equity from the drop in the federal tax credit rate and to cover increased construction costs. The total HOME funds for the project will be $800,000.
For additional information, or to submit comments on the proposed amendment, contact Chuck Robbins at the Clackamas County Community Development Division (503-655-8591), Public Services Building, 2051 Kaen Road – Suite 245, Oregon City, Oregon, 97045. Comments will be accepted until 5:00 PM on Monday January 7, 2013.
Publish 12/06/2012. LOR12879