SHRA to Issue $25M in Tax-Exempt Mortgage Revenue Bonds to Fund Low-Income Apartment Community Renovation

Date Published: 
January 24th, 2019

The Sacramento Housing and Redevelopment Agency (SHRA) plans to issue up to $25 million in tax-exempt mortgage revenue bonds to fund the renovation of Cascade Village Apartments, a 74-unit low-income apartment complex in South Sacramento. When renovations are complete, the community will feature new flooring, paint, bathrooms, kitchens, appliances, HVAC units, electrical upgrades, and ADA-accessible units.

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