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Council closes TEFRA hearing for proposed Caritas financing for Franciscan Town & Country mobile home park
Summary
Fresno’s council heard a TEFRA notice May 22 for a proposed CMFA bond issuance up to $57 million to support Caritas’s work at the Franciscan Town & Country mobile home park; the council closed the hearing with no opposition.
The Fresno City Council conducted a TEFRA (Tax Equity and Fiscal Responsibility Act) hearing on May 22 to receive public comment on a proposed tax‑exempt bond issuance by the California Municipal Finance Authority (CMFA) to finance a portion of the Caritas Affordable Housing acquisition and rehabilitation of the Franciscan Town and Country mobile home park at…
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