(Atlantic) Members of Shift ATL will appear at the Atlantic City Council Meeting on Wednesday to request funding for Nonprofit Housing Redevelopment Funding.
Atlantic City Administrator John Lund says the non-profit group is buying another house to flip and is requesting loan funds from the City to go towards rehabilitation. The city had a similar arrangement with SHIFT, and it went well. Lund says the withdrawal and repayment would occur within the Fiscal Year 2024 and would not negatively affect the fund balance.
Lund says the Council may refer the request to the Personnel and Finance Committee. He noted the city should be able to accommodate this request, which can be budgeted.
The Council meeting starts at 5:30 p.m. on Wednesday in the City Council Chambers at City Hall.
