Read all the news and information about latest happenings at ICFA.

Bonds Issued for Augusta Communities

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 […]

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$15 million Fresno Housing Project Funded by The Authority

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 […]

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Approval of Millennium Housing Project in Palm Springs

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 […]

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San Juan Mobile Estates Offers Families More Affordable Housing Alternatives

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 […]

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Affordable Housing Created in Santa Rosa with Help from The Authority

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 […]

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