County of Door donates $500,000 in start-up dollars to new corporation tackling the problem of affordable rental units
The lack of affordable, quality rental housing for year-round residents has long been identified as a significant issue in Door County, both in terms of furthering economic development and maintaining community stability and well-being.
That’s part of the rationale, codified in a resolution, that the Door County Board of Supervisors gave when approving a half-million-dollar donation to a new nonprofit lending corporation designed to entice developers to create affordable rental units in Door County.
The $500,000 donation came from the county’s American Rescue Plan Act dollars, which totaled $5,374,185. Affordable housing was one of the many areas in which the county could use the money...
That’s part of the rationale, codified in a resolution, that the Door County Board of Supervisors gave when approving a half-million-dollar donation to a new nonprofit lending corporation designed to entice developers to create affordable rental units in Door County.
The $500,000 donation came from the county’s American Rescue Plan Act dollars, which totaled $5,374,185. Affordable housing was one of the many areas in which the county could use the money...
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- - Volume: 10 - WEEK: 12 Date: 1/5/2023 9:08:59 PM -