Supes Approve Carp Affordable Housing Loan
The Board of Supervisors approved a $1.2 million loan for an affordable rental housing project in Carpinteria. The 43-unit complex, to be located at 4096 Via Real, will offer one-, two-, and three-bedroom apartments aimed at farmworkers and their families. The county’s loan comes from federal funds it receives for affordable housing. The total cost of the project is $17.3 million, the bulk of which comes from a loan from JPMorgan Chase and tax credits.