The Independent Cities Finance Authority issued two new bonds on July 24, 2012, to fund mobile home communities, including the Vally View Mobile Home Park, the Hacienda Mobile Estates, Monterey Manor Mobile Estates and the Villa Montclair Mobile Home Park.
Each of the these communities is part of the Augusta Homes non-profit housing organization that creates long-term affordability through the acquisition, rehabilitation or preservation of existing mobilehome park communities. Augusta is comprised of several affiliated corporations that currently own five mobilehome parks in Southern California.
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