Wednesday, December 16, 2009
Astoria Gateway II awarded additional funding.
The Oregon State Housing Council has approved additional funding to housing developers throughout the state, Victor Merced, director of Oregon Housing and Community Services (OHCS), the state agency that oversees the distribution of the funds, says that this latest round of approval will assure stable funding for more than 450 affordable living units across the state. One of the projects is Astoria Gateway II, sponsored by Shelter Resources. The project will receive up to one point seven million dollars for new construction of 33 apartments for low-income families. The total project cost is seven point two million dollars.
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