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County Rewards Affordable Housing Projects

REDWOOD CITY, CA-San Mateo County supervisors are encouraging new affordable housing developers and have recently awarded nearly $2.5 million in federal grants to new projects.

By Michelle Savage | Updated on June 05, 2002

REDWOOD CITY, CA-San Mateo County supervisors have awarded a total of nearly $2.5 million in federal funding to eight affordable housing projects, including a special project for mentally ill adults in Belmont.

The board voted on the distribution at its meeting in Redwood City this morning. The annual HOME Investment Partnership Act funds went to projects in San Mateo, Daly City, South San Francisco, Belmont and East Palo Alto. The largest grants of $500,000 each went to a rental housing project in Daly City and a project providing 24 units for mentally ill adults in Belmont.

County Office of Housing Director Steve Cervantes says two other projects were rejected as “premature” by a seven-member committee that made funding recommendations to the board, on the grounds that they did not yet have development agreements in place. However, $350,000 was set aside as a reserve to allow other projects to get funding later in the year.

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