SAN FRANCISCO - California communities have dramatically reduced sales of Mello-Roos community facilities district bonds over the past two years, as the U.S. housing market collapsed and greenfield development ground to a halt, new government data shows.

New-money Mello-Roos issuance dropped 59% in fiscal 2008 to $925 million from $2.3 billion a year earlier, according to the California Debt and Investment Advisory Commission. That's down from $3 billion at the peak of the housing boom in fiscal 2006 and the lowest annual total since fiscal 2001.

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