Press Conference: Proposed Housing Trust Fund for Duluth | www.WDIO.com

Press Conference: Proposed Housing Trust Fund for Duluth

WDIO
Updated: October 07, 2021 04:07 PM
Created: October 07, 2021 04:02 PM

Duluth city officials held a press conference outside of City Hall on Thursday, October 7 to discuss a proposed Housing Trust Fund. The idea was recommended by Mayor Larson's Housing Task Force in 2019.

Mayor Larson announced that the City would contribute $4 million to the Fund. Local Initiatives Support Corporation (LISC) will provide another $2 million. Mayor Larson intends to seek additional funding through grants and private and public donations in the months and years to come. The creation of the Fund will be presented to City Council in the form of an ordinance at the October 11 Council meeting.

Watch the full press conference that was livestreamed on WDIO.com.

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