Politics & Government
Affordable Housing Developer Solidifies Loans
City approves bond issuance for Dolores Lia project.

Pacific West Communities, Inc., the affordable housing developer that will spruce up the Dolores Lia apartment complex, secured a $7 million tax-free bond today to invest in renovations.
In addition to the bond monies, Pacific West also received a . The company will refurbish the 27-unit building, located at 1275 El Camino Real, into apartments for low-income residents.
The project was initially stalled because of the downturn in the real estate market, as the previous developer reneged on the deal to revamp the building. And, after years of negotiations, Pacific West approached the city as an alternative developer.
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