INCREASE WORKFORCE AND AFFORDABLE HOUSING UNITS TO ADDRESS RISING HOUSING COSTS GENERAL OBLIGATION BONDS
To increase workforce and affordable
housing through the acquiring,
constructing, equipping of residential units,
shall County issue not exceeding
$200,000,000 of bonds, frequently
combined with other funding, to create
rental and homeownership opportunities for
households earning up to 140% area
median income, bearing interest rate(s) not
exceeding legal maximum, maturing within
twenty years from issuance, in one or more
series, payable from County's full faith,
credit and ad valorem taxing power per
County Resolution R-2022-0626?