Affordable townhomes stalled by financing costs
Summary
A 106-unit affordable rental townhome project approved in 2022 on Cane Run Road still can't get financing built — construction and interest costs have soared since then. The two-year extension keeps the plan alive in hopes funding comes through.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 30, 2026.
Impact analysis
No city money involved, but the affordable housing units stay on hold rather than getting built.
The developer, and eventually renters if the affordable townhomes are ever built.
Mentions & discussions (1)
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