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Title:
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Consideration of Items Regarding Permanent Financing for 216-unit multifamily Rental Development known as The Lofts at Motor Road - Wynnefield Properties, Inc. - $6,579,000 (Northeast Ward)
Resolution authorizing permanent financing and conveyance of a City-owned lot, near the intersection of Motor Rd and Old Walkertown Rd. to Wynnefield Properties, Inc. for the purpose of increasing the supply of affordable housing for low- and moderate-income persons by development of 216 affordable rental units known as The Lofts at Motor Road, in the Northeast Ward, as permitted by S.L. 2021-44; S.B.145 and N.C.G.S. § 157-3(12)
Ordinance Amending the Project Budget Ordinance for the City of Winston-Salem, North Carolina for the Fiscal Year 2023-2024
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