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developmentMedium priorityopen
Affordable housing bond financing for Santa Rosa Garden Apartments
Santa Rosa
Summary
The council approved up to $20 million in tax-exempt bonds to rehabilitate the 111-unit Santa Rosa Garden Apartments, with 26 units reserved for the very lowest incomes. No city money is at risk — the borrower repays the bonds.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jul 14, 2026.
Impact analysis
💰Financial impact
No impact on the city budget; the borrower repays the bonds.
✅Who benefits
111 renter households, including 26 extremely low-income units, get a rehabilitated affordable complex.
Mentions & discussions (1)
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