During the past several months there has been much discussion about the future of the Byron Carlyle site. During recent months, I have been working with the team that is structuring the Collins Park Workforce Housing and Ballerina Dormitory project to determine what, if any, opportunities exist to structure a similar project to re-imagine the Byron Carlyle Site as a Cultural Center for North Beach, including a Workforce Housing component. There are a few different models that appear to be financially viable.

Two problems: NEED for a North Beach Cultural Center and NEED for affordable, Workforce Housing.

At last month's commission meeting, I referred an item to the Finance and Economic Resiliency Committee (FERC) to explore the financial and funding models for discussion.