In November 2013, the City announced it would make available up to $500,000 to support a large affordable housing project.

After reviewing the proposals submitted, officials will announce how the money will be distributed on Wednesday at 1:30 p.m.  The news conference will take place at the downtown Main Library, 200 North Dakota Avenue, in Meeting Room A.

This level of funding would represent the City’s largest single investment in affordable housing in its history. Proposals were due December 5.

At the news conference, details and renderings will be revealed of the proposed affordable housing project.