ApprovedOther

WISEPlace Affordable Housing CDBG Loan (Las Palmas and Valencia Units)

Description

The city is lending $530,000 in CDBG funds to help WISEPlace buy two existing condos to keep as very low-income affordable housing for at least 35 years.

Impact summary

Two families — two single moms currently — keep or gain stable affordable housing without visible changes to their neighborhoods.

Applicant

Name
WISEPlace
Address
Units at the Las Palmas and Valencia communities

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · City Council

Approved5–0, unanimous

Last discussed Apr 14, 2026.

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