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More Money For Housing: The California Housing Finance Agency (CalHFA) allocated $1. The mission of the Housing Finance Agency is to finance below-market- rate loans to create safe, decent and affordable rental housing and to assist first-time homebuyers. New affordable "green" and transit-oriented apartments built with environmentally friendly materials and located close to mass transportation will be built near downtown San Jose and downtown Salinas, while an affordable housing complex in Santa Cruz will receive major renovations as part of a $50 million financing program approved by the California Housing Finance Agency (CalHFA) Board of Directors. |
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