CSCDA CIA Park Crossing AnnouncementLINK TO THE PROPERTY. October 26, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $89,430,000 in tax-exempt Essential Housing Revenue Bonds to acquire Vineyard Gardens Apartments, located in Santa Rosa, California. The City does not fund the Section 8 program. CCRC will improve outcomes for low-income families, seniors and residents with special needs throughout California by facilitating private capital flow from our investors using a housing first model. As a mayor and advocate for affordable housing, I am looking forward to seeing this approach take shape in Glendale, City Councilmember Vrej Agajanian, who was mayor of Glendale at the time of the sale, said in a statement.Current Glendale Mayor Paula Devine added that rent has outpaced income, which has been felt by low-income and middle-income households.This model emphasizes good, practical ideas to help protect a part of our existing population who cannot afford rent, but do not qualify for assistance, she said in a statement.Next on Lex and the Brio arent the only recent sales in L.A. County where the owner is seeking to provide middle-income housing.Waterford Property Co. and the California Statewide Communities Development Authority recently purchased a 216-unit luxury apartment community in Long Beach for $120 million. December 1, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $188,160,000 in tax-exempt Essential Housing Revenue Bonds to acquire Millennium South Bay Apartments, located in Hawthorne, California. Valley 200 - 2022; Valley 200 Archive; Events. 1400 K Street, Suite 400 Recognized as a leader in the state in these programs, CCRC has an experienced staff to meet the needs of its investor banks, developers and those communities we serve. DO NOT pay money in exchange for the promise of Section 8 assistance. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Connecticut private island sells for $3.5M. Jefferson Apartments AnnouncementLINK TO PROPERTY. The CSCDA Community Improvement Authority (CSCDA CIA), an affiliate joint powers authority, acquires public benefit oriented capital projects through the issuance of tax-exempt governmental purpose bonds. Catalyst Housing Group will manage Brio and Next on Lex on behalf of the state, according to the report. Affordable Housing Commercial Development Impact Fee, Landlord/Tenant Rights & Responsibilities(PDF), Application for Landlord/Tenant Ad-Hoc Committee, Contact Us: About CCRC | CCRC Catalyst and CalCHA Acquire Two Additional Essential Housing Communities Next on Lex, a 494-unit multifamily property in Glendale, has sold for $290 million.The site also includes roughly 8,000 square feet of ground-floor retail.The California Community Housing Agency purchased the property at 275 W. Lexington Drive from Cypress Equity Investments.Neither company responded to requests for comment.The property was 92% leased at the time of the off-market sale, according to CoStar Group Inc. Affordable Housing Development | City of Glendale, CA Locally, the two purchased a 216-unit luxury apartment community in Long Beach for $120 million earlier this year.The property, dubbed the Oceanaire, is at 150 W. Ocean Blvd. Welcome to the Housing Division. | City of Glendale, CA PDF Viewing Instructions - cdiacdocs.sto.ca.gov Through CSCDA CIAs Workforce Housing Program, government bonds are issued to acquire market-rate apartment buildings. The Section 8 Housing Choice Voucher program is a federal program funded and administered by the Department of Housing and Urban Development (HUD). The California Community Housing Agency ("CalCHA") is a joint powers authority created in January 2019 to provide, preserve, protect and support middle-income housing production . 202 The Glendale Housing Authority receives funding from HUD on an annual basis to pay for rental assistance subsidies on behalf of lower income clients. California Community Housing Agency Senior Essential Housing Revenue Bonds, Series 2021A-1 (Glendale Properties), Junior Essential Housing Revenue Bonds, Series 2021A-2 (Glendale Properties) and Subordinate Essential Housing Revenue Bonds, Series 2021B (Glendale Properties) Dated as of March 1, 2021 1400 K Street, Suite 400 Housing Authority/CDBG | City of Glendora ft. home is a 3 bed, 2.0 bath property. December 28, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $395,150,000 in tax-exempt Essential Housing Revenue Bonds to acquire Wood Creek Apartments, located in Pleasant Hill, California. FOR INTERESTED TENANTS, A LIST OF PARTICIPATING PROPERTIES ARE LOCATED UNDER CIA PROJECTS. MLS # SB23071382 There are views from almost every room of the house including the oversized formal living room featuring a beautiful fireplace and a set of 15 windows wrapped around one corner. February 26, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $195,965,000 in tax-exempt Essential Housing Revenue Bonds to acquire Jefferson Platinum Triangle Apartments, located in Anaheim, California. The. Working as a team, we can remove ineligibleindividuals from receiving government assistancefraudulently. Cypress Equity Sells Glendale Apartments For $300M - The Real Deal Los Since inception, CCRC has approved over $1.5 billion in loans for affordable housing, financing more than 42,000 rental homes for individuals and families earning 60% or less of the area median income. Numerous updates include refinished hardwood floors throughout, new plumbing, new electrical panel and wiring, new heating and A/C units (dual zone), new ducting, newer roof, new kitchen, new bathrooms, new Pella windows, new insulation, new paint inside and out, new landscaping, and new hardscaping. These projects continue to be very successful both in terms of design and operations. MEETING DATE: March 10, 2021 - Granicus

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