City Council Tuesday night will consider an ordinance creating an attainable housing fund to help residents get into otherwise financially out-of-reach homes.
The council is scheduled to meet at 7 p.m.
The special fund is “for the purpose of receiving all revenues related to attainable housing programs and services,” according to the proposed ordinance. The fund and any earned interest will be for the specific purpose of providing attainable housing programs and services that serve people earning between 80.1-120% of the Area Median Income, the ordinance states.
The council will also consider an ordinance adopting the city’s 2023 operating budget of $413,090,816.
