Lawrence Commissioners Approve Affordable Housing Bonds
Lawrence News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Lawrence City Commission Approves Affordable Housing Bonds Amidst Surprise Vote
The Lawrence City Commission approved $14 million in industrial revenue bonds for the New Hampshire Street Lofts project, a senior housing development offering below-market rents. The vote was narrow, with two commissioners initially opposing due to lack of awareness about the affordable housing aspect. They later clarified their support, emphasizing their backing for such projects. The close margin raised concerns about signaling weak local support for future affordable housing projects. Meanwhile, a larger $184 million bond package for city improvements was also approved, with the same two commissioners voting no but indicating they would not let it fail. Local leaders continue to push for housing solutions amidst tight state funding.
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