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San Mateo County updates farm labor housing loan: higher caps, shorter aligned terms
Summary
County housing staff told the Agriculture Advisory Committee the relaunched farm labor housing loan will raise Phase 1 maximums (to $150,000 for single-unit projects and $250,000 for properties with two or more units), shorten and align loan terms, allow partial prepayment, and will start executing loans in spring after outreach drew interest from local operators.
Alejandro Segura of the San Mateo County Department of Housing presented design changes and a progress report on the relaunch of the county's farm labor housing loan program, telling the Agriculture Advisory Committee that the updates aim to address barriers operators raised during outreach.
"The program essentially or it provides a 0 interest loan to farmers and agricultural land owners, in order to provide housing for very low income farm workers within San Mateo County," Segura said, summarizing the program's purpose.
Why it matters: County officials said a shortage of affordable housing for essential farm workers and aging housing stock are limiting farm operations. The program is intended to help retain workers by…
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