Create an urban neighborhood with 18-hour-a-day street activity by developing 2,500 new housing units in 10 years.
Housing options must be increased in product style and price point. Downtown already has a strong neighborhood and high occupancy rates, in large part thanks to the active, convenient lifestyle downtown residents enjoy. Additional housing will serve as a catalyst for more development.
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Housing options must be increased in product style and price point. Downtown already has a strong neighborhood and high occupancy rates, in large part thanks to the active, convenient lifestyle downtown residents enjoy. Additional housing will serve as a catalyst for more development.
- Establish new financial tools to assist with overall development costs and gap financing.
- Explore the use of other funding sources, such as tax credits and the creation of a new Community Development Financial Institution.
- Take better advantage of growth at area institutions, especially for housing that appeals to students, young professionals and empty-nesters.
- Build on the strength of the ring of stable, improving historic neighborhoods surrounding downtown’s core.
