LCDC May Fund Private Homes

Item: LCDC may fund private homes: Public money could reduce price for working families /Tom Hasslinger, Coeur d’Alene Press

More Info: By partnering with Idaho Housing and Finance Association, Housing and Urban Development and Coeur d’Alene’s urban renewal agency, Lake City Development Corp., NIHC wants to close that gap and put working families in revitalized neighborhoods. LCDC’s role would be to grant an annual allotment to IHFA, which could then allocate it to housing stabilization programs run by nonprofits like NIHC.

Question: What do you think of this proposal to help fund homes, to bring working families to the revitalized downtown business area?