Bellflower : State Housing Aid Sought
The City Council has authorized Bellflower to apply for the California Homeowners Assistance Program, a state funding program that makes available factory-built, single-family housing for low- and moderate-income residents.
The city will submit by Friday a proposal to the state Department of Housing and Community Development for the $200,000 grant to begin building five homes on city-owned property near California Street and the Artesia (91) Freeway.
According to terms of the grant, the state will enter into a partnership with the purchasing homeowners. At resale of a home, the state will be refunded its original $40,000 investment, any interest and a percentage of the appreciation of the property.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
