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City Releases 2016 Housing Bond Progress Report

Post Date:01/30/2019 2:00 PM

A total of $25 million in housing bond funds were projected to be spent over a five year period and impact 1,007 low-to-moderate income households by rehabilitating existing units, creating new units, creating new homeownership opportunities and leveraging $54 million in investment from other sources.

The report provides an update as of December 31, 2018, and reflects the completion at of 514 units, approved by City Council for financing, with $80 million of investment from private and other funds for these housing development projects.

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