Approve $18 million bond financing to rehabilitate 156 affordable housing units
In Plain English
The Richmond Housing Authority wants to issue tax-exempt bonds to pay for major repairs at 2 affordable housing complexes. Friendship Manor and Triangle Court together house 156 low-income families. If approved, the city gives formal approval for the bond sale, which helps the housing authority access lower interest rates.
Auto-generated summary. Source: official agenda documents.
Votes
Motion · Official minutes
close the public hearing
Motion · Official minutes
adopt Resolution No. 1-15
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