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Commission approves IDB authority for $30M rehab of Section 8 apartments under 15-year PILOT The commission delegated authority to the Industrial Development Board to enter a 15-year payment-in-lieu-of-taxes (PILOT) agreement with DGA Residential for a $30 million renovation of 105 Section 8 units on Squadley Road; terms include a 2025 tax freeze, 3% annual increases and an annual compliance reporting requirement to HUD standards.

A groundbreaking $30 million renovation project for 105 Section 8 housing units is set to transform Squadley Road, promising upgraded amenities and accessibility for residents.

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#TN #JohnsonCityHousing #CitizenPortal #AffordableHousing #UrbanRehabilitation

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Commission backs rezoning for 11-lot ASP housing project to help Hurricane Helene survivors The commission recommended rezoning 2121 Seminole Drive from R2 to R2C to accommodate an 11-lot subdivision to be developed by Appalachian Service Project and Grace Fellowship Church for families displaced by Hurricane Helene; commissioners and staff addressed neighbors’ stormwater and traffic concerns and voted unanimously to recommend approval.

Johnson City's planning commission has voted to transform a 4.81-acre site into an 11-lot subdivision, providing mortgage-free homes to families impacted by Hurricane Helene!

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#TN #CitizenPortal #DisasterRelief #CommunityDevelopment #AffordableHousing #JohnsonCityHousing

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