Merced County Times Newspaper
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affordable housing efforts

Council shifts to subsidize Local Housing Trust Fund plan

Just last summer, a slight 4-3 majority of the Merced City Council was not too keen on the creation of a Local Housing Trust Fund (LHTF) that would tap city discretionary funds, along with a dollar-for-dollar state match, to support new affordable housing efforts. Some members argued the amount of local General Fund money would not be…