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Benton County Commissioners Using ARPA Funds To Spur New Housing Development

Posted on AllSides May 21st, 2024
From The Center

(KNSI) – Foley says it has a severe housing shortage but construction setbacks are forcing officials to get creative. A new 50-unit neighborhood of single-family residences and townhomes has been proposed along Benton County Road 151 on the city’s south end. Without any grants, infrastructure improvements to pave the way for the development are estimated at over $3.6 million, or $70,000 per lot, pricing out many. Foley applied to the Benton County Board of Commissioners for $500,000 in American Rescue Plan Act funds to offset the burden. It was approved...

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