The Redlands City Council approved a $1.65 million nonrepayable capital contribution to help the Redlands Housing Corporation acquire and continue operating a permanent supportive housing property at 1675 Industrial Park Avenue.
The funding agreement, approved Sept. 15, provides financial support for the acquisition of the former motel property, known as the Redlands Homekey Project, which was converted into residential housing for people experiencing homelessness.
The property previously became subject to foreclosure following the default of Shangri-La Industries LLC. According to the staff report, the city and the current owner have worked to maintain uninterrupted operations while pursuing a long-term ownership solution…