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Tri Pointe: 4Q Earnings Snapshot

Affordable housing project approved on Old El Camino Real

Affordable housing project approved on Old El Camino Real The project site currently, adjacent to Derby Terrace Apartments on Old El Camino Real. (Courtesy) Print The City of San Diego Planning Commission approved Del Mar Highlands Estates, a new affordable housing development in the west end of Pacific Highlands Ranch. The project had previously been approved for 13 affordable housing units and, on Feb. 11, the commission approved an amendment to allow for an additional seven multi-family affordable housing units and six market rate units. The 26-unit Del Mar Highlands Estates will be located within five two-story buildings on a 1.80-acre site on Old El Camino Real. The Tri Pointe Homes (formerly Pardee Homes) development will consist of 10 two-bedroom units and 16 three-bedroom units. The affordable housing units are intended for families earning no more than 65% of the area median income.

Phoenix Activists Say City Isn t Coming Clean on South Mountain Dumping

No record of authorization for the March 2020 delivery exists, and nearly a year later, the city remains coy about who approved it. The material was dumped in huge mounds and alongside roads not far from the park entrance in what seemed a haphazard fashion to some. The activists claimed that the material contained residue of petrochemicals, but city officials deny it s contaminated. City leaders consider the case closed. The Parks and Recreation Department said through a spokesperson that the delivery from Maracay had been long-planned, that the material was clean, and that by now it has all been dispersed throughout the park and used for building erosion-control structures.

3 Stocks That Are Absurdly Cheap Right Now

Two of the most popular stocks on Robinhood s Top 100 list are New Residential Investment (NYSE:NRZ), both of which trade for under $10. The investment thesis for many excited investors is these stocks have a lot of room to grow. The problem with that logic is there are plenty of reasons some stocks trade under $10, and most of them are not good. However, there are good stocks for around or under $20 that are profitable, growing companies, with low price-to-earnings (P/E) ratios. Telephone and Data Systems (NYSE:TDS), Tri Pointe Homes (NYSE:TPH), and Co-Diagnostics (NASDAQ:CODX) all have modest share prices yet stand on solid ground. All three have P/E ratios well below most of their competitors. None of the three dominate their industry, but their smaller size means they may have been overlooked by investors, providing a good opportunity for bargain hunters.

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