
▲ 8 r/traversecity
Commongrounds Apts. Update
City Commissioners to Consider Eighth Street PILOT, Budget Approval, Paramedic Program | The Ticker
A couple questions:
- Didn't the State of Michigan pitch in a few million to help finish building this property?
- What was the purchase price of the apartments bought by the in-house nonprofit?
- Who else and how many run the newly formed apt. nonprofit?
- Who determines what is/what isn't an affordable rate?
- I also thought this was a community cooperative project? Does that coop money get returned now?
u/Previous-Shirt-9256 — 5 days ago