Palm Desert Family Housing Project Bond Issuance
Summary
The city approved an $80 million bond issuance by the California Municipal Finance Authority to finance the 298-unit affordable housing project at Cook Street and Frank Sinatra Drive. This brings more affordable housing options to the community without creating financial or legal liability for the city.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Apr 23, 2026.
Impact analysis
Up to $80,000,000 in tax-exempt bonds issued by CMFA with zero financial liability for the city.
Low-income families seeking affordable rental housing in the community.
Mentions & discussions (1)
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