CRAs create affordable housing and homeownership opportunities! The Greater Bond Neighborhood Association’s Neighborhood First plan, adopted in 2018, includes strategies, like promoting financial housing assistance programs and increased homeownership.
The Tallahassee Community Redevelopment Agency voted to provide $6.4 million to the “Neighborhood First” plan. That includes an initial funding of $500,000, and a commitment for an additional $5.9 million over the next three years.
Recently, a $425,000 grant was approved unanimously for the Bond Rehabilitation Program. This money will also be provided by the Tallahassee CRA. It will fund up to 25 residential rehabilitation projects in the Bond neighborhood.
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