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The CMFA Provides $16,635,000 in Low Cost Tax-Exempt Financing to the Cesar Chavez Foundation

The Cesar Chavez Foundation, long known for providing high quality affordable housing projects, recently secured $16,635,000 in tax-exempt financing through the CMFA. Proceeds from the bonds will be used to acquire/ rehabilitate a multi-family rental housing project located in Gilroy, California. A total of 111 units will be acquired and rehabilitated for low-income households in the area.

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