The Culver Town Council and the Culver Redevelopment Commission met in a long joint meeting on Tuesday night to discuss a housing development agreement between the entities and housing developer Kevin Berger and funding for the project.
Council President Ginny Bess Munroe stated that they are at the stage of approving financing for the project. The Culver Redevelopment Commission would finance $400,000 for the project with nearly the same financial obligation from the Culver Town Council. The town hopes to use Regional City Northern Indiana money that the county won last year. A housing dollar amount of $270,000 was set aside for this venture and a presentation in order to appropriate that money is set for June. If the town is awarded the Stellar Communities designation, funding would be used toward that project.
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