California Cancels Bond Issuances for Housing Programs

摘要

The California Department of Housing and Community Development (CDHCD) has canceled general obliga- tion bond issuances for multifamily and other housing programs because of state budget problems. The cancellation affects California's multifamily housing, supportive housing, homeless youth, governor's homeless initiative, CalHome development project loan, and housing-related parks programs. CDHCD announced the cancellation in a February 1 memorandum by Cathy E. Creswell, CDHCD acting director.