The City of Redding in California has received $24 million in funding from the state for downtown development projects. The funding includes a $19.9 million Affordable Housing and Sustainable Communities grant for the Block 7 Net Zero Housing and Downtown Activation Project, a mixed-use development in downtown Redding that will offer housing and transportation amenities, and a $4 million grant for additional parking in the downtown area. The Block 7 project was a joint submission by K2 Land and Investment, The McConnell Foundation, the City of Redding, and the Community Development and Revitalization Corporation. The funding builds on the momentum of ongoing revitalization efforts in the city, including a $20 million grant for the Redding Downtown Loop and Affordable Housing Project and $155 million in state funding for a new courthouse in downtown Redding.
Source: The McConnell Foundation