DeForest CDA authorizes $3.5 million loan commitment for Yahara Crossing DeForest
The Village of DeForest Community Development Authority voted to authorize the chairperson to sign a $3.5 million loan commitment for the Yahara Crossing DeForest housing project; the funding is contingent on receiving housing tax credits and carries cash‑flow based repayments and a $50,000 minimum payment provision.
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The Village of DeForest Community Development Authority voted to authorize the chairperson to execute a $3.5 million loan commitment letter for the Yahara Crossing DeForest housing development.
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