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County Board Approves Major Investment in Affordable Housing

August 27, 2024 | San Joaquin County, California


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County Board Approves Major Investment in Affordable Housing
During a recent government meeting, the San Joaquin County Board of Supervisors discussed a significant resolution aimed at enhancing affordable housing initiatives in the region. The board is set to adopt a resolution approving the county's participation in the San Joaquin Regional Housing Fund, joining other member agencies in a collaborative effort to address housing needs.

Supervisor Patty highlighted the positive impact of previous funding, noting that a $1.5 million investment in a local organization resulted in a remarkable $70 million return, underscoring the effectiveness of strategic funding in promoting affordable housing. She emphasized the importance of continuing to allocate resources wisely to support such initiatives.

The Chief Administrative Officer (CAO) clarified that the current resolution is focused on formalizing the county's involvement in the regional housing fund, which aims to pool resources and efforts among various cities to tackle housing challenges more effectively. This initiative reflects a growing commitment from local leaders to address the pressing issue of affordable housing in San Joaquin County.

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