[nothingnew]

I got a loan from something similar to this in Los Angeles (with a subsidized low interest rate), because they drew the map just a few blocks too far west and north.

So in other words, you cashed in on something not meant for you in the first place........very slick, if ya know what I mean.

FMCDH

[Torie]

That about sums it up. The odd thing was that the portion of the redevelopment district that the program WAS meant for didn't participate much. It took some savvy to plug one's snout into the trough. However, much of that region gentrified anyway since then (20 years later). It is one of the few bunches of census tracts where the Anglo percentage is increasing. The little bungalows down on the flats next to Alvarado Street just off the Glendale Freeway now go for about 300K each.