Capitola to borrow $2.375 million for Pacific Cove mobile home park shutdown; budget impact uncertain

CAPITOLA - By a 3-2 margin, the City Council voted Thursday night to approve borrowing $2.375 million to relocate residents at Pacific Cove Mobile Home Park, which was devastated by flooding in March.

Capitola council votes to borrow $2.375M to move residents of Pacific Cove Mobile Home Park, devastated by March ...

CAPITOLA - By a slender 3-2 margin, the City Council voted Thursday night to approve borrowing $2.375 million to relocate residents at Pacific Cove Mobile Home Park, which was devastated by flooding last year.

Is a reverse mortgage the right choice?

Thursday, February 2 nd , 2012 Issue 05, Volume 16. A reverse mortgage is a loan for senior homeowners over 62 years old that uses some of their home equity as collateral.

New Home Permits Reach All-Time Low In 2011

Get Business Mobile Text Alerts What builders feared came true last year: The number of new home construction permits tracked by the state tumbled below 3,000 for the first time in decades, and it still isn't clear if the market has bottomed out.

New Mobile App Aims to Fight Poverty

A farmer in the Philippines will soon receive advice on how to increase his rice fields productivity on his mobile phone. AppBridge hopes to expand the concept to help the poor receive education or skills training.