Support county bonds to finance Nevin Avenue housing development

Nevin Avenue DevelopmentGovernance<UNKNOWN>Resolution

Resolution 26-16

In Plain English

The city formally backs Contra Costa County's plan to issue tax-exempt bonds for a housing project at 21 and 23 Nevin Avenue. Richmond already approved this development. The county bonds help developers access cheaper financing, which can reduce construction costs and make housing more affordable.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

6 to 0

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