Hold public hearing on $55 million revenue bonds for Barrett Terrace affordable housing
In Plain English
The California Municipal Finance Authority wants to issue $55 million in revenue bonds to help renovate Barrett Terrace, a 115-unit affordable apartment complex at 700 Barrett Avenue. The bonds would fund building improvements and upgrades to maintain affordable rental housing. This hearing lets residents comment before the city decides whether to support the bond issuance.
Auto-generated summary. Source: official agenda documents.
Votes
Approve the item and adopt Resolution No. 107-21
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