HEART makes $500K loan to Habitat GSF for land acquisition in Redwood City
For proposed 20 homes on Jefferson Ave
HEART approved a $500K loan to Habitat for Humanity GSF for land acquisition on Jefferson Ave. in Redwood City. Part of the State Prop 1C funds, the HEART loan will support the beginning of a five-year project to create 20 condos for sale to qualified families through the Habitat ‘sweat equity’ mode. The development will feature a mix of one, two and three-bedroom homes for sale to low-income families.