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Relief in sight for HCD funding delay

Pillsbury Winthrop Shaw Pittman LLP

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USA May 28 2009

As California has wrestled with a budget shortfall of $40 billion, the California Department of Housing and Community Development ("HCD") informed developers on December 17, 2008, that the Pooled Money Investment Boars ("PMIB") unanimously voted to suspend the financing of more than 1,985 infrastructure projects throughout California.

Pillsbury Winthrop Shaw Pittman LLP - Irene C. Kuei
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Filed under

  • USA
  • Projects & Procurement
  • Real Estate
  • Pillsbury Winthrop Shaw Pittman LLP

Tagged with

  • California
  • Budget
  • Infrastructure
  • Community development
  • Unanimity

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General Counsel
The Taubman Company
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