Senior affordable housing project funding remains one step short

Senior affordable housing project funding remains one step short

Coming up empty in its first attempt to secure $4 million in Resilient SRQ funds for its McCown Towers expansion plans, the Sarasota Housing Authority on May 5 was unanimously granted $3 million by the County Commission. Housing Authority President and CEO William Russell told commissioners the organization can plug the remaining $1 million gap for the project to add 96 affordable senior housing apartments. That combined with $8 million he expec…