Watsonville's city leaders will consider committing more than $2 million to two low-income housing projects today, loaning two separate agencies more than $1 million each at 3 percent interest over 35 years.
The city's Redevelopment Agency plans to loan Mid Peninsula Housing Coalition $1,125,000 to help the nonprofit organization purchase the Sunny Meadows Apartments at 220 Ross Ave.
http://www.register-pajaronian.com/v2_news_articles.php?heading=0&story_id=8407&page=72
Posted by Ramiro Andrade
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