The CMFA Completes the Issuance of $66,435,000 in Bonds for Caritas 2021

The CMFA Completes the Issuance of $66,435,000 in Bonds for Caritas 2021 to finance and refinance the acquisition, construction, and improvement of mobile home parks and other affordable multifamily housing facilities located in the City of Indio, County of Riverside, California. Caritas, as a nonprofit, unites people with a purpose to preserve affordable communities that uplift and empower its residents. With the increasing number of households on fixed or limited incomes and with the scarcity of reliable, long-term, reasonably priced housing in California, Caritas endeavors to create vibrant communities where resident involvement and caring are priorities. In addition to keeping costs down, Caritas works to provide experienced and responsive management of its properties. Residents and Caritas work together to meet ongoing needs, resolve problems and enhance the quality of life throughout its communities.

« Return