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.