City targets affordable housing project
A 5-acre parcel in the new Urban Village development may soon be home to an affordable housing townhome complex.
The city of Woodbury is looking into buying the parcel with Housing and Redevelopment Authority funds. The privately owned parcel would cost the city $900,000.
Two developers had expressed interest in the property, but due to financing an affordable housing project, it would take three to four years to close the sale, Housing Specialist Karl Batalden said.