May 19, 2024
Loans

Nonprofit awards $12 million in loans to Ventura County projects

A nonprofit lender that supports developers building affordable housing announced Thursday it will loan $12 million to several projects in Ventura County. Housing Trust Fund Ventura County will make loans to Arrive Ventura and Valentine Road Apartments in Ventura, Citrus Flats in Santa Paula and Aspire Apartments in Oxnard. “For us to approve $12 million

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Mortgage

OceanFirst makes mortgages more affordable, if you can find the home

MARLBORO – Patricia Kelly signed up for affordable housing 2½ years ago, hoping to buy a place of her own where she and her disabled daughter, Jessica, could live with security, steady payments and, finally, their own bedrooms. Last fall, a two-bedroom townhouse came onto the market. Its walls were black. It smelled of cigarette

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Investment

Detroit nets $1B housing investment with E Jefferson development

A milestone East Jefferson Avenue residential development has just pushed Detroit affordable housing investments since 2019 past $1 billion, officials announced Friday. Gathered at the construction site, a 150-unit riverfront affordable housing development near Van Dyke Avenue, Mayor Mike Duggan, investors, developers and other government officials celebrated 71 affordable housing projects built or under construction

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Property

Banning homeless people from sleeping on public property is inhumane

Gov. Ron DeSantis signed a law that takes homeless individuals off Florida’s streets and places them in encampments monitored by law enforcement. The shortsighted law neglects individual circumstances and fails to adequately address the complex set of social, economic, legal and health issues that homeless people are enduring.  House Bill 1365 bans homeless people from

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Funds

Local homeless service providers face losing significant funding

Alachua County homeless service providers could potentially lose millions of dollars of funding they are entitled to if they can’t find a lead agency to administer the money. The Continuum of Care (CoC) is a United States Department of Housing and Urban Development designated community collaborative that seeks to address homelessness and utilize HUD funding,

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Property

Will Thousand Oaks motel property ever become homeless housing?

The former Quality Inn & Suites in Thousand Oaks has been a semi-abandoned construction site for about the past six months. Piles of broken asphalt and construction debris sit on the property. Some wings of the old motel have fresh paint and new windows; others don’t. Tarps cover most of the roof. Last summer, contractors

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