City working on affordable housing |
City working on affordable housing |
Sep 14 2021, 04:05 PM
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Spends WAY too much time at CBTL Group: Admin Posts: 16,425 Joined: 8-December 06 From: Michigan City, IN Member No.: 2 |
https://www.nwitimes.com/news/local/michiga...6109e0fb8e.html
QUOTE Lack of housing is among the top issues facing the city in the six to 18 months, according to Economic Development Corp. Michigan City Executive Director Clarence Hulse. Hulse gave the City Council a six-month update Thursday on his agency’s economic development progress. Watch Now: Riding Shotgun with NWI Cops spaceplay / pause qunload | stop ffullscreen shift + ??slower / faster ??volume mmute ??seek . seek to previous 12… 6 seek to 10%, 20% … 60% Ride along with Officer Jimmy Weller as he patrols the region's border of Lake Michigan as part of the Lake County Sheriff's Marine Unit. Video by Connor Burge. Connor Burge, The Times The city has four multi-family mixed-use projects in the pipeline for the city’s downtown, a total of more than 500 units. The estimated cost is $300 million for the projects, which will bring a projected 175 permanent jobs, Hulse told the council. In addition, a residential land inventory is underway to see where the city owns land appropriate for residential use that could be developed. The Economic Development Corp. is recruiting developers to build housing, including workforce housing, in the city. Hulse wants to market those properties to prospective investors for single-family homes, duplexes and townhomes. Vibrant Communities of LaPorte County recently released a housing study that shows 42% of the county’s homes were built before 1960, compared to the state average of 33%. Michigan City houses 46% of the county’s renters. Just over half of the city’s residents own their own homes, according to the study. |
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