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Affordable housing project back on track
Summary by The Pajaronian | Watsonville, CA
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Affordable housing project back on track
Construction is set to resume on Haven Plaza, a 35-unit permanent supportive housing community at 2838 Park Ave. in Soquel after developers secured critical financing. On Dec. 10, Park Haven Plaza was awarded a Tax-Exempt Bond allocation by the California Debt Limit Allocation Committee (CDLAC), along with 4% Federal Low-Income Housing Tax Credits from the California Tax Credit Allocation Committee (CTCAC). The approval, and an additional $1.6…
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