Google to Fund Low Income Housing in Palm Springs
Google is providing $86 million for Low Income Housing, to fund 480 units in the Midwest & West Coast , and some of that is coming to Palm Springs .
That means construction jobs and a boost to the local economy and will provide affordable housing for low income home buyers in Palm Springs.
Since most people refer to the Coachella Valley as Palm Springs , we won't know until more details are available, if these units will be within the city limits of Palm Springs, or in other desert cities in the Coachella Valley.
Any and all real estate developments are welcome in the Palm Springs area as they provide well needed jobs .
The money will be given to low income builders and developers in the form of tax credits , the program will be managed by U.S. Bancorp Community Development
Corporation .
For more details read Francesca Levy's article .