Hold public hearing on $40 million tax-exempt bonds for Westridge Apartments renovation

Westridge ApartmentsHousing<UNKNOWN>Hearing

In Plain English

The California Municipal Finance Authority wants to issue up to $40 million in tax-exempt bonds to buy and renovate Westridge Apartments. Tax-exempt bonds allow lower interest rates, reducing costs for affordable housing projects. The public hearing lets residents comment before the city formally approves the bond issuance.

Auto-generated summary. Source: official agenda documents.

Votes

Close the public hearing

Passed

Adopt Resolution No. 71-13

Passed

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.