Anchorage Assembly agrees on repair funding for former Midtown hotel, will hear leasing debate later:
re-appropriating $250,000 from a grant agreement with Henning, Inc., for the startup costs of the hotel was introduced but was set for a public hearing in two weeks.
Midtown representative Felix Rivera said he was excited to see the hotel close to getting the chance to open for housing for homeless residents. “Is that truly affordable? If we’re looking to house the homeless, that’s almost approaching what market price may be,” Assembly member Daniel Volland said. When asked by Constant if they expected occupancy before the lease was finalized, Johnson confirmed “to the best of my knowledge.”
Zalatel emphasized the housing at the Golden Lion is significant but wants to make sure the proper steps were taken to protect the municipality from any possible liability.
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