News

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

Castle Mobile Estates – Another ICFA Success Story

In the beautiful seaside town of Capitola, California, affordable housing can be challenging to come by. Until recently, the city’s Rent Stabilization Ordinance kept prices affordable in mobile home communities, but after years of litigation, Capitola was forced to repeal its rent protection policies. The jump in housing prices was devastating to many of the […]

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ICFA’s Partnership with Alliance College-Ready Public Schools

The Los Angeles Unified School District is the second largest school district in the nation, serving almost 700,00 students. In an effort to support Los Angeles students, ICFA is working with the non-profit Alliance College-Ready Public Schools to open and operate a network of small, high-performing public charter schools in historically underachieving, low-income communities. One […]

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Update on the Lamplighter Salinas Project

Lamplighter Salinas had a lot going for it: a great location just off Hwy 101, attractive trees and landscaping, a large Clubhouse/Rec Center with adjoining pool and grassy picnic area, a grammar school and community park just across the street. The only problem was that management was not exactly friendly to residents. It was a […]

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City of Oceanside Becomes Associate Member

The City Council of Oceanside will take action on September 19th, 2012 to become an associate member of ICFA. Once the city is approved, the organization will move forward with the review of the eligibility of the Laguna Vista Mobile Estates, in Oceanside, for funding.  

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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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