City Council approves updated Railyards financing plan, increases funding for affordable housing

City Council approves updated Railyards financing plan, increases funding for affordable housing

Source

City of Sacramento news release

The Sacramento City Council on Nov. 10 approved an updated financing plan for the Railyards that could generate approximately $180 million for affordable housing while supporting major infrastructure improvements and continued development of the area north of downtown. The plan would expand an existing Enhanced Infrastructure Financing District (EIFD), allowing a portion of future property […] The post City Council approves updated Railyards financing plan, increases funding for affordable housing appeared first on Sacramento City Express .