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Home » Potential Obstacles To Downtown Affordable Housing Project
- Developers unwilling to bid on the project.
> Project complexity creates too much planning, design and construction risks
> Community opposition amplifies project risk
> Risk of protracted litigation further increases project risk
> No interest on building a public parking structure
> Unavailability of state funding
> Very low-income rentals generate do not support needed debt
- Community opposes final project design.
> Multi-year construction will irrevocably harm Downtown
> Inadequate or inconvenient public parking irrevocably harms Downtown
> Community opposes $40M cost of parking structure
> Community opposes potential multi-year litigation cost exposure due to surplus land challenge
- Community demands an advisory ballot and a ballot measure, if necessary.