The Anaheim City Council will decide this week on how to use the first $15 million Disney gave them for affordable housing, as part of the DisneylandForward project.
Anaheim Affordable Housing Plan
According to the Orange County Register, the council will discuss the plan at a meeting on Thursday, May 29. The plan currently before the council is to provide money to help build affordable units, provide loan assistance to homebuyers in the city, and provide funding for low-income families at risk of eviction.
DisneylandForward is an expansion plan for Disneyland Resort, approved by Anaheim last spring. As part of the plan, Disney committed $30 million to go toward affordable housing. They will provide the first $15 million this year and the second $15 million in five years.
In addition to the money from Disney, Anaheim will receive $1 million from a federal grant. City staff will present the affordable housing plan at Thursday’s meeting…