High PriorityDevelopmentopen
Multifamily housing revenue bonds for Green Phase and EaRTH Center Apartments
Summary
The Council approved bond resolutions clearing the way for up to $50 million in tax-exempt financing for two affordable apartment projects. These bonds make construction or rehab financing cheaper, helping more housing get built in Eureka.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Apr 21, 2026.
Impact analysis
💰Financial impact
No direct cost to taxpayers — the bonds are repaid by the housing projects, not the city.
✅Who benefits
Future residents of the two apartment projects and anyone who wants more affordable housing options in Eureka.
Mentions & discussions (1)
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