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The CMFA & PEP Housing Partner to Bring Senior Affordable Housing to Petaluma, CA

Petaluma Ecumenical Properties (PEP Housing) is a community-based, non-profit corporation. PEP Housing is dedicated to providing low-income seniors with quality affordable housing, housing support services, and advocacy.  Recently non-profit selected the CMFA as their Issuer of low cost, tax-exempt bonds.  Proceeds of the bonds will be used to finance the construction of an independent senior living complex.  The proposed project will consist of 49 one-bedroom apartments and will be offered to seniors having less than 50% of AMI.

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