The Housing Finance Trust will work with cities, and others, to get state and federal money...
Members of a new governmental panel aimed at getting people out of Orange County’s streets and parks and from under freeway overpasses, and get roofs over their heads, left their first meeting Thursday with a single goal — to find money for 2,700 housing units over the next six years.
But for members of Orange County Housing Finance Trust — a new joint-powers authority that involves the county and local cities — the path to that money will wind through a maze of Sacramento bureaucrats, private donors, developer fees and county and city funds. In the end, to get those homes and keep them affordable for at least 15 years, they’ll need to land about $1 billion.
