The first of hundreds of millions of dollars of bonds to build more affordable housing in Santa Clara County were sold Thursday, county officials said. The money is part of a $950 million bond measure called Measure A, which voters approved last year. The measure aims to provide housing for vulnerable populations, as well as help new homebuyers. On Thursday, $250 million of the measure was sold and will be used for down-payment assistance loans to eligible first-time homebuyers, a loan program for predevelopment work and for the development of multifamily rental units.
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