Agoura Hills Council discusses how to allocate affordable housing funds



Agoura Hills Council discusses how
to allocate affordable housing funds
By John Loesing
Acorn Staff Writer

Agoura Hills will begin shelling out more than $2 million toward affordable housing in the city, but the money won’t be used to build actual low-income units.
More than likely, the money will help rehabilitate older homes and assist first-time buyers and other low-income residents with mortgage financing, city officials said.
Assistance also will be given to seniors.
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