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California Awards $239M in Gap Funding to 20 Affordable Projects
Gov. Gavin Newsom announced nearly $239 million in construction-gap funding for 20 affordable multifamily developments across California. The projects underwent a streamlined approval process to keep development on track and cut red tape, according to the governor’s office. With project costs totaling more than $1.2 billion, the development will bring 1,700 affordable units to market. ...
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