High PriorityDevelopmentopen
CA Circle Family Apartments TEFRA Bond Financing
Summary
The council reviewed and approved tax-exempt revenue bond issuance up to $25 million for an affordable housing development on California Circle, adding 75 lower-income units.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Mar 3, 2026.
Impact analysis
💰Financial impact
The city assumes no financial liability or legal obligation for the bonds while receiving a $13,500 issuance fee.
✅Who benefits
Lower-income families and prospective residents seeking affordable rental housing in Milpitas.
Mentions & discussions (1)
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