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The CMFA issues $13,000,000 in Bonds to the for the Sycamore Terrace Apartments in Upland, California

The Sycamore Terrace Apartments is an acquisition/ rehabilitation of a 100-unit senior affordable rental housing project. The project will consist of one-bedroom apartments for seniors who earn at or below 50% and 60% of the area median income. The acquisition/ rehabilitation of this project will continue to provide affordability for 100 seniors for 55 years in Upland, California.

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