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Council continues undergrounding hardship loan proposal, asks staff to seek private financing options
Summary
After public support for undergrounding as a wildfire‑safety measure, the Newport Beach City Council unanimously voted to continue the proposed hardship loan program and directed staff to explore private funding options and coordination with state programs.
Council members and public commenters expressed broad support for undergrounding overhead utilities as a public‑safety and neighborhood‑improvement measure, but several councilmembers said the city should avoid acting as a bank.
Staff described the proposed program — a loan option for eligible homeowners where costs (staff estimated about $55,000 per…
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