Anaheim Council Expected to OK Housing Bonds Today
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ANAHEIM — Using $58 million in bonds, Anaheim will double the amount of housing targeted at low-income residents by the city.
The City Council today is expected to approve the issuance of the bonds, representing about 15% of those approved by the state in a recent round of funding for low-rent housing projects.
Orange County will issue a total of about $88 million in bonds, with Santa Ana, Buena Park and La Habra also receiving shares of the remaining $30 million for housing projects.
The bonds will mostly rehabilitate rather than construct new housing.
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