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Explaining how Spartanburg Housing Fund will support affordable housing development

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Manage episode 272901074 series 1036861
Content provided by City of Spartanburg and Christopher George. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by City of Spartanburg and Christopher George or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
At their , City Council approved the creation of the Spartanburg Housing Fund, a special fund to be used exclusively to fill gaps in development projects that build, preserve, or improve affordable housing units in the city. Initially capitalized with $750,000 as , the fund will be used to provide loans to for gap financing to developers to help make affordable housing developments more financially feasible and may also be used to provide grants or even a limited number of equity investments. Today on the podcast, we're talking with City Manager Chris Story to get details on how the new fund will provide another tool to help our community address its supply of affordable housing.
  continue reading

329 episodes

Artwork
iconShare
 
Manage episode 272901074 series 1036861
Content provided by City of Spartanburg and Christopher George. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by City of Spartanburg and Christopher George or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
At their , City Council approved the creation of the Spartanburg Housing Fund, a special fund to be used exclusively to fill gaps in development projects that build, preserve, or improve affordable housing units in the city. Initially capitalized with $750,000 as , the fund will be used to provide loans to for gap financing to developers to help make affordable housing developments more financially feasible and may also be used to provide grants or even a limited number of equity investments. Today on the podcast, we're talking with City Manager Chris Story to get details on how the new fund will provide another tool to help our community address its supply of affordable housing.
  continue reading

329 episodes

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