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City Council report: Hurdle cleared for more affordable housing
Summary by Claremont-courier.com
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City Council report: Hurdle cleared for more affordable housing
A plan to develop affordable senior housing on St. Ambrose Episcopal Church property took a big step toward fruition Tuesday when after a public hearing Claremont City Council voted unanimously to approve up to $16 million in revenue bonds to finance the 59-unit development at 830 W. Bonita Ave., shown here in a concept rendering. The bonds will be issued through the California Municipal Finance Authority. The borrower is the developer, National…
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