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Escondido council authorizes SANDAG grant application to create East Valley housing trust fund
Summary
Council voted 5-0 to authorize staff to apply for SANDAG’s Smart Growth Incentive Program to develop an East Valley-specific housing trust fund and program design, including an in-lieu fee study and community outreach; final program would return to council for approval if awarded.
The Escondido City Council on June 11 voted 5-0 to authorize staff to submit an application to SANDAG’s Smart Growth Incentive Program seeking planning funds to develop an East Valley–specific housing trust fund.
Why it matters: staff said the housing trust fund—identified in the East Valley Specific Plan and the city’s housing element policy documents—would create a locally controlled funding mechanism to support housing development for low- and moderate-income households in the East Valley planning area and would include an…
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