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Board approves $80 million tax‑exempt bond package; $5 million tied to Thermal mobile home park
Summary
The Riverside County Board of Supervisors voted 5-0 to conduct the public hearing and approve the issuance resolution for tax‑exempt revenue bonds that will finance three mobile home park projects, including a roughly $5 million financing component for the Shady Lane project in Thermal.
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…
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