Scarboro Community Development Design Meeting
Estimated Development Timeline:
- Multi-Family Funding Awards Announcement: September 2024
- If awarded, Multi-Family due diligence & underwriting: October 2024 - Fall 2025
- Closing of Multi-Family Funding & Construction Start: 4th Quarter 2025
- Completion of Multi-Family: 1st Quarter 2026
- Multi-Family 100% Occupied: 3rd Quarter 2026
- If Not Awarded, Submit Application Again: 1st Quarter 2025
- Homeownership Funding Identification & Application: Jan 2024 - June 2025
- If Awareded, Closing of Homeownership Funding & Start: 3rd Quarter 2025
- Completion of Homeownership: 2nd Quarter 2026
All Dates Subject to Change Based on Funding Availability.
Scarboro Site Plan
Scarboro Site Plan_Public Mtg Board 8.13.24.pdf
Summary Update 08/15/2024
Scarboro Redev Status Summary 8.15.24.pdf