The CMFA Completed the issuance of $5,500,000 in Bonds for the Rancho Del Valle Apartments Affordable Housing Project
The CMFA issued $5,500,000 in tax-exempt bonds for BlueGreen Preservation and Development. The bonds were used to finance the Rancho Del Valle Apartments project, a 25-unit affordable multi-family housing development for persons with disabilities and the elderly. Rancho Del Valle is located at 6560 Winnetka Avenue, in the Woodland Hills neighborhood of Los Angeles, California. This financing will preserve 24 units of affordable housing for the City of Los Angeles for another 55 years.