Financing Affordable Housing

Tight credit is creating an additional challenge in the creation of affordable housing in Sonoma County.

John Lowry (right), Executive Director of Burbank Housing Development,  says the federal stimulus package may hold some help for his agency, but it will apply almost exclusively to rental projects.

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The timeline for completing Burbank Housing's current projects, including Sequoia Village (seen nearing the end of construction  at left), is being directly affected by the present credit limits, which Lowry says will affect future developments even more.

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You can find more information about co-housing in Northern California here.