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The Memphis & Pearl development in Cleveland’s downtown Old Brooklyn neighbor- hood had to be expanded to retain a federal grant for the project while retaining the historic St. Luke’s Church. But that caused a gap in the project’s funding resources that backers are now trying to fill (Desmone). CLICK IMAGES TO ENLARGE THEM. |
Due to funding policy changes at the U.S. Department of Housing and Urban Development (HUD) since January, backers of the Memphis & Pearl development in Cleveland’s Old Brooklyn neighborhood have had to scramble to save the project from a suddenly large, $15 million funding gap.
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