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979 A Silicon Valley senator is proposing to insure multifamily development loans. Could it help spur more construction?

Silicon Valley
Devan Patel @ Silicon Valley · 05/19/2025 20:07 EDT

A Silicon Valley senator is proposing to insure multifamily development loans. Could it help spur more construction?

Sen. Dave Cortese has called on the state to use its credit to insure construction and permanent loans for multifamily developments, giving them access to more favorable interest terms

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