Feds award $32 million loan for office building at Cleveland’s Flats East Bank project

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Feds award $32 million loan for office building at Cleveland’s Flats East Bank project

Crain's Cleveland Business – Another key piece of financing for the $275 million Flats East Bank Neighborhood project is falling into place.

U.S. Sen. Sherrod Brown, D-Avon, announced that the U.S. Department of Housing and Urban Development plans to award a $32 million loan for the office tower component of the project. A news release from Sen. Brown's office said he repeatedly had urged HUD to approve the loan.

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