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| Woodhill Center East, a 58-unit multi-family residential building in the foreground and 19 rental homes in the background, are rising at 11305 Woodland Ave. But their construction costs are also rising as a result of inflation and other pandemic-related disruptions. An additional $10 million in federal funds were awarded to cover those costs (CMHA). CLICK IMAGES TO ENLARGE THEM. |
To cover rising construction costs resulting from inflation and other pandemic-related disruptions, the U.S. Department of Housing and Urban Development (HUD) has awarded $10 million to the Cuyahoga Metropolitan Housing Authority (CMHA) and the City of Cleveland for the Woodhill Homes Transformation Plan. The funding is from a Choice Neighborhoods Supplemental Funding Grant to further support the development of replacement housing in Cleveland’s Buckeye-Woodhill neighborhood. HUD awarded similar funds to 15 other current Choice Neighborhoods Implementation Grantees to address their pandemic-related disruptions as well.
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