Riverside County supervisors approved a resolution authorizing a public hearing and staff recommendation tied to the issuance of tax‑exempt revenue bonds for three mobile home park projects, including one in the county’s unincorporated Thermal community.

Juan Garcia, deputy director with the Department of Housing and Workforce Solutions, told the board the county was being asked to conduct the public hearing required under the Internal Revenue Code for tax‑exempt bond financings. He said the county would not be a party to the financing documents, would not secure the debt with taxation, and would not be liable for the bonds; the county’s role was limited to holding the public hearing and adopting the required resolution to satisfy federal tax‑exempt issuance rules.

Public comment raised questions about why the county was holding a hearing that bundled projects in other jurisdictions. Brad Anderson, a speaker from the public, asked why the total bond authorization covered $80 million while the Thermal portion appeared to be approximately $5 million. Anthony Stubbs of the California Municipal Finance Authority, the bond issuer, told the board that the $80 million was the total across all projects and that public hearings were held in each jurisdiction involved; the two other projects are in Poway (San Diego County).

After questions, the board approved the staff recommendation by a recorded 5-0 vote.

What’s next: The developer and the issuer will complete the issuance process in coordination with the jurisdictions where the other two projects are located. The county emphasized that no county tax or obligation secures the bonds.