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The committee reviewed two NOAH preservation proposals totaling $8.1 million in requested city support and discussed how to close out the 2024 Housing Bond with about $8.3 million remaining in the Housing Trust Fund.
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Committee members considered whether to use remaining housing funds for two affordable housing preservation proposals and how those choices would affect the rest of the 2024 Housing Bond money. They did not make a recommendation on the proposals. The committee also discussed options for keeping funds available, reopening a summer funding round, or waiting while policy changes are reviewed.
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