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Low Income Housing Riverside County

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NEWS
October 22, 1995 | GLENN F. BUNTING and TOM GORMAN, TIMES STAFF WRITERS
Like hundreds of other landlords eager to cash in on a popular federal loan program, the owners of a Riverside County, Calif., senior citizens complex were frustrated by the maddening bureaucracy and lengthy wait at the U.S. Department of Housing and Urban Development. That was before a supervisor in the Los Angeles field office ordered employees to set aside "all other work" to expedite a $28.3-million government-guaranteed loan to refinance the Country Village apartments in Mira Loma.
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NEWS
October 22, 1995 | GLENN F. BUNTING and TOM GORMAN, TIMES STAFF WRITERS
Like hundreds of other landlords eager to cash in on a popular federal loan program, the owners of a Riverside County, Calif., senior citizens complex were frustrated by the maddening bureaucracy and lengthy wait at the U.S. Department of Housing and Urban Development. That was before a supervisor in the Los Angeles field office ordered employees to set aside "all other work" to expedite a $28.3-million government-guaranteed loan to refinance the Country Village apartments in Mira Loma.
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BUSINESS
May 6, 1998 | DAVID REYES and FRANK MESSINA, SPECIAL TO THE TIMES
In a move that could shrink the proposed Dana Point Headlands development, a co-owner of the 122-acre property said Tuesday it has sold its interest to a Newport Beach developer. Chandis Acquisitions Corp., a wholly owned subsidiary of Times Mirror Co., publisher of the Los Angeles Times, sold its 50% interest to Master Plan Development Inc. Terms of the deal were not disclosed but real estate sources estimated the value of the entire property at $60 million to $70 million.
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