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Board approves $2.5 million conditional loan and TEFRA hearing for Auburn Falls RAD conversion
Summary
The board approved a TEFRA hearing and a conditional $2.5 million housing authority loan for the Auburn Falls rental-assistance-demonstration rehabilitation of 76 units across four scattered sites; one site was removed after a structural inspection.
The Board of Supervisors approved a Tax Equity and Fiscal Responsibility Act hearing and authorized a conditional $2.5 million loan from Housing Authority funds on April 8 for the Auburn Falls RAD (Rental Assistance Demonstration) rehabilitation project.
Whitney Hinton of the Sacramento Housing and Redevelopment Agency told the board…
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