[CPEO-BIF] Plaza Roosevelt development, Grand Rapids, MO

[Lenny Siegel <lsiegel@cpeo.org>]

Plaza Roosevelt development gets city support, affordable housing funding still uncertain

by  Nick Manes
MiBiz (MI)
May 20, 2018


GRAND RAPIDS –- A collaborative development project on Grand Rapids’ southwest side continues to take shape, even while the fate of planned a affordable housing component remains uncertain.

On Wednesday, the City of Grand Rapids’ Brownfield Redevelopment Authority approved the submission of a grant to the Michigan Department of Environmental Quality (MDEQ) to help offset remediation costs for Plaza Roosevelt, a proposed redevelopment in the city’s Roosevelt Park neighborhood.

If approved at the state level, the grant would provide at least $162,000 to offset environmental costs, but could fetch the city up to $1 million depending on demand for funds statewide, according to Kara Wood, executive director of the Brownfield Redevelopment Authority and the city’s economic development director.

…

For the entire article, see
https://mibiz.com/item/25825-plaza-roosevelt-development-gets-city-support,-affordable-housing-funding-still-uncertain

--

Lenny Siegel
Executive Director
Center for Public Environmental Oversight
a project of the Pacific Studies Center
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650/961-8918 
<lsiegel@cpeo.org>
http://www.cpeo.org

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