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Cleveland wants housing developers to compete for gap financing | Crain's Cleveland Business - Vimarsana News

Cleveland wants housing developers to compete for gap financing | Crain's Cleveland Business

Published: February 1, 2023

The city of Cleveland is taking a nontraditional approach to picking housing projects that will receive loans or grants undergirded by federal pandemic-relief funds.

Source: crainscleveland.com
Related Topics:
United StatesAlyssa HernandezMichiel WackersUs Department Of HousingCommunity BuildersCleveland City CouncilCuyahoga Metropolitan Housing AuthorityAmerican Rescue Plan ActJeff BeamWoodhill HomesEast Side
For developer Gina Merritt, a blighted building in Hough is an open door - Vimarsana News

For developer Gina Merritt, a blighted building in Hough is an open door

Published: January 16, 2022

Merritt is the lead developer on a $36.6 million project to revive an empty tower in Hough as workforce housing. Cleveland City Council awarded an $8 million grant to the deal in December, using American Rescue Plan Act funds.

Source: crainscleveland.com
Related Topics:
Cleveland ClinicUnited StatesKhrys SheftonMichiel WackersSeth WhetzelGina MerrittMeg Manley GarrettCommunity CircleNorthern Real Estate Urban VenturesUs Department Of HousingCommunity CapitalHoward UniversityUniversity Circle IncFamicos FoundationCleveland City CouncilAmerican Rescue Plan ActCapital Impact PartnersUniversity CircleUrban DevelopmentWall StreetWest CoastShaker HeightsNinety Four Ten HoughBaltimore CountyLow Income Housing Tax Credits