California Record
El Dorado County
High PriorityDevelopmentopen

Diamond Village Apartments II affordable housing bonds

Summary

The county signed off on up to $12 million in tax-exempt bonds to build affordable rental apartments at 750 Black Rice Road in Placerville. It passed 3-2, with two supervisors pushing for priority for county residents.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Mar 10, 2026.

Impact analysis

💰Financial impact

No county repayment obligation — the bonds are the developer's — but the county collects an issuance fee deposited into the Affordable Housing Trust Fund.

✅Who benefits

Future low-income renters at the Placerville project and the county's affordable housing fund.

Mentions & discussions (1)

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