CMFA issues $4,350,000 in Bonds to the Danco Group of Companies for The Lodge at Eureka Apartments located in Eureka, California

The Lodge at Eureka Apartment project is an adaptive rehabilitation of the Eureka Downtowner Motel. The conversion of Lodge at Eureka Hotel into an affordable senior housing project will convert the existing 50-unit hotel into affordable housing apartments for seniors. Rents will be restricted to senior households with incomes no greater than 50% and 60% of the area median income.

 

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