Board approves disposition agreements for two affordable-housing projects in Hoopa Valley
County housing staff asked the board to authorize sale and DDA for two parcels in Hoopa Valley: an 80-unit affordable project appraised at $6.9 million (28 units for veterans) with $22.6 million in state Multifamily Housing funds, and a 57-unit project appraised at $2.1 million with $5.5 million in local funding. The board opened/closed public hearings with no public comment and approved both items 5-0.
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Juan Garcia, deputy director of Riverside County's Department of Housing and Workforce Solutions, asked the Board of Supervisors to adopt resolutions authorizing sale of county-owned parcels and disposition and development agreements with affordable-housing developers for projects in Hoopa Valley. "This resolution authorizes the sale of real property located in the city of Hoopa Valley," Garcia said, describing site-control and financing steps the developers have in place.
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