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Council approves $250,000 grant to Burbank Housing to preserve 18 affordable units in Sonoma
Summary
The council authorized a $250,000 grant from the cityaffordable housing trust fund to Burbank Housing, to help purchase and preserve 18 existing affordable apartments (two properties) subject to financing conditions and a December 31 closing contingency.
The City Council approved a $250,000 grant from the cityaffordable housing trust fund to Burbank Housing to help acquire and preserve 18 existing low-income rental units in Sonoma.
City staff said landlords of two properties (673 First Street West, an 8-unit senior property, and 270 First Street East, a 10-unit multifamily property) notified the city under the…
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