Affordable housing at the old bra factory site
Summary
All 80 units of the long-stalled 1600 Building project will now be affordable at 70% AMI, backed by a city trust-fund loan (developer money, no tax dollars) to help win state tax credits. Commissioner Schwartz was upset he learned about it only two days ago but voted yes.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Aug 5, 2026.
Impact analysis
Roughly $700,000 (about 90% of the trust fund) in developer-contributed dollars, no taxpayer money.
Working families earning up to 70% of area median income who need affordable housing in District 1.
Commissioner Schwartz noted competing community needs for the same trust fund dollars were not consulted.
Mentions & discussions (1)
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