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24 CFR Parts 5, 982, and 983 Gpo  Form

24 CFR Parts 5, 982, and 983 Gpo Form

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[Music] hey Jorge we've been trying to deliver two important projects for websterville this year residents want a place where people want to work and play you mean the community center revitalization and sidewalk upgrades don't forget the acquisition renovation and conversion of that historic building into a grocery store how could I the projections for both projects show a strong economic boost and can help generate jobs for low and moderate income residents not to mention providing the solution to a food desert we can do these projects but we'll need financing help the community center cost $3 million and local and private resources leave a funding gap of $2.5 million what about the grocery store the acquisition and renovation of the building will cost $8 million for the grocery store historic preservation tax credit Equity solved some need so available resources for renovation total $1 million okay it sounds like we've got a $7 million gap [Music] cor

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