South Gate, CA — The agenda for the September Meeting of the Independent Cities Finance Authority is now available. Click here to download.
Read all the news and information about latest happenings at ICFA.
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 […]
Fresno, Ca — Westlake Park is a 50-acre manufactured home community in Fresno, California operated by the nonprofit Millennium Housing. With help from the City of Fresno and The Authority, Millennium Housing acquired Westlake in 2003 through the issuance of $15 million in tax-exempt bonds. Thanks to this favorable financing, Millennium is able to serve […]
Lynnwood, CA — The agenda for the June, 2012 board meeint of the Independent Cities Finance Authority is available for download. Click here to download agenda
The ICFA board voted today to approve the refinancing of Millennium Housing of California, a 254-unit manufactured home community located in Palm Springs. On April 18th Palm Springs became an associate member of ICFA. George Turk of Millennium Housing provided a report on all aspects of financing of the project and indicated that some of […]
Vernon, CA — The agenda for the April 25th, 2012 meeting of the Independent Cities Finance Authority is now available for download. Click here to download agenda
San Juan Capistrono, Ca — San Juan Mobile Home Estates is a Millennium Housing community in San Juan Capistrano, California. This 38-acre community is open to all ages and provides affordable housing alternatives in a very expensive housing market. With only 8 homes per acre, the community has a low-density, uncrowded feel. Amenities include nearly 10,000 square […]
Santa Rosa, Ca — Located in California’s scenic (and expensive) wine country, the City of Santa Rosa faced the challenge of keeping housing affordable for seniors and others with limited incomes. In 2007, The Authority, in cooperation with the City of Santa Rosa and Millennium Housing provided over $10 million in tax-exempt bond financing to help purchase […]