September 21, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $240,010,000 in tax-exempt Essential Housing Revenue Bonds to acquire Cameo Apartments and The Garrison Apartments, both located in Orange, California. Share & Bookmark, Press Enter to show all options, press Tab go to next option, Contact Federal, State, and County Officials, Americans with Disabilities Act (ADA) Resources, Montrose-Verdugo City Chamber of Commerce, Top 10 Reasons You Want Your Business in Glendale, Differences Between Federal & State Fair Housing Laws, Affordable Housing Commercial Development Impact Fee, Home Occupation Business Permit Requirements, Transportation Demand Management (Chapter 6), Historic Preservation Ordinances, Community Plan Historic Contexts, and Preservation Element. 3200 Menlo Dr, Glendale, CA 91208 | MLS #PF23071435 | Zillow 1818 Apartments AnnouncementLINK TO THE PROPERTY. (916) 658-8200 California Investments Save More Than 700 Affordable Homes from Losing Affordability Restrictions To ensure availability of affordable housing for lower-income Californians priced out of the rental market, the Department of Housing and Community Development (HCD) today announced the first of several awards from the new Portfolio Reinvestment Homeless Backed by most of the major retail banks operating in California, we deliver the products, services and technical assistance that have made us the lender of choice of Californias affordable housing development community. We provide immediately funded loan programs for acquisition; intermediate programs that provide acquisition, rehabilitation and permanent financing for existing housing stock in need of repair; and forward commitment programs for planned new construction. Northern California. ?s de 1,000 apartamentos de clase media (Univision), City Council Approves Agreement To Rapidly Create 1,000+ Affordable Housing Units (Anaheim Independent), Standard Communities Converts Carson Apartments to Workforce Housing (Los Angeles Business Journal), Anaheim Multifamily to House Teachers, Essential Workers (Connect California), PLEASE CONTACT THE PROPERTY MANAGER FOR LEASING INFORMATION, The CSCDA Community Improvement Authority is pleased to announce the issuance of $135,730,000 in tax-exempt Essential Housing Revenue Bonds to acquire, CSCDA CIA Joint Exercise of Powers Agreement, CSCDA CIA Escondido Portfolio Announcement, CSCDA CIA Millennium South Bay Announcement, Reduced Rent for Middle Income Workers (ABC10 News San Diego), Pasadenas Missing Middle is Getting a Rent Break at these Two Projects (Pasadena Star News), Acquisition Funding to Create Moderate Income Housing (Housing Innovation Collaborative). /PRNewswire/ -- Catalyst Housing Group is expanding its transformative middle-income Essential Housing model across the state, with the acquisition of two. The transactions, completed in partnership with the California Community Housing Agency ("CalCHA"), will permanently transition the currently market-rate properties into rent-restricted housing . Cameo and The Garrison AnnouncementLINK TO CAMEO PROPERTYLINK TO THE GARRISON PROPERTY. Through CSCDA CIAs Workforce Housing Program, government bonds are issued to acquire market-rate apartment buildings. Our Access Center located at 1851 Tyburn Street in Glendale, California is the heart of our organization. WEBSITE DESIGN BY GRANICUS - Connecting People and Government. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com. Los Angeles, CA 90025 Waterford Property Co. and the California Statewide Communities Development Authority have purchased a 507-unit luxury multifamily community in Glendale for $300 million.The new owners plan to convert the property at 633 N. Central Ave. into middle-income housing for tenants making between 80% and 120% of the areas median income.Were providing a housing solution for California cities, Sean Rawson, co-founder of Waterford Property Co., said in a statement. California Community Housing Agency - CalCHA Soua Vang Deputy Directory of Community Development/Economic Development. The deal is California Communitys second recent acquisition in Glendale. CSCDA CIA operates the largest workforce housing program in California and has acquired and converted more than 7,700 units for low- and middle-income tenants. 202 Glendale, CA 91206 Tel. She previously covered real estate for the Los Angeles Business Journal. Peter Zovak oversees CDD's Housing Division and the Neighborhood Services Section. If you are approached by someone promising Section 8 assistance in any way in exchange for money, you are to ignore the request and report the activity to the Glendale Section 8 Fraud Hotline (818) 548-6442 or via email at section8fraud@glendaleca.gov. "Workforce housing" projects dominate LA County's biggest - GPAM Imagine waking up every day to a gorgeous mountain and city view to downtown LA from your master bedroom with a walk-in closet and remodeled bath with a skylight in the shower. Catalyst and CalCHA Add 1,000+ Units of Essential Housing Worth >$525MM 141 N. Glendale Ave.,Ste. In addition, the Housing Authority administers a total of approximately 1,500 vouchers from other housing authorities under the program of Portability. Providing this access to capital allows individuals to live, work and raise their families in communities throughout California, creating a more economically diverse and stable statewide economy. The Link AnnouncementLINK TO THE PROPERTY. California Community Housing Agency ("CalCHA") is a political subdivision of the State of California established by Kings County and the Housing Authority of Kings County, California under the Joint Exercise of Powers Act. 427 Coutin Ln , Glendale, CA 91206-3104 is a single-family home listed for-sale at $1,599,000. CCRC has worked with for-profit and non-profit developers throughout California to increase the supply of affordable housing. Originally, over 12,500 households applied for the program;to date, approximately 2,300 remain on the Waiting List. 1400 K Street, Suite 400 Article | California Community Housing Agency - CalCHA 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. CSCDA CIA Westgate Phase 1 AnnouncementLINK TO THE PROPERTY. Waterford Property Co. and the California Statewide Communities Development Authority have purchased a 507-unit luxury multifamily community in Glendale for $300 million. Waterford Place AnnouncementLINK TO THE PROPERTY. Glendale's Multifamily Moment - San Fernando Valley Business Journal Ascencia has provided housing and services to over 12,000 homeless individuals and families since 2006. PLEASE CONTACT THE PROPERTY MANAGER FOR LEASING INFORMATION 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. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com. CalCHA issues governmental purpose bonds for the purpose of financing projects that provide, preserve and support affordable local housing for low-income, moderate-income and middle-income families and individuals. Please enable JavaScript in your browser for a better user experience. Public agencies have gobbled up residential units in Glendale to create workforce housing. 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. June 9, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $215,685,000 in tax-exempt Essential Housing Revenue Bonds to acquire Union South Bay Apartments, located in Carson, California. Nominations; Custom Publishing; Californias housing crisis remains critical and the State continues to experience a significant shortage of available affordable housing units. Our soul is the thousands of volunteers, donors, and sponsors that enable our work. Catalyst Housing Group will manage Brio and Next on Lex on behalf of the state, according to the report. Don't be a victim of scammers. CalCHA has selected a Program Administrator with more than 30 years of experience in tax-exempt governmental purpose, private activity and municipal finance, including post-issuance compliance requirements. Catalyst and CalCHA Add 1,000+ Units of Essential HousingWorth >$525MM The Glendale Housing Authority receives funding from HUD on an annual basis to pay for rental assistance subsidies on behalf of lower income clients. Catalyst, CalCHA Buy 3 California Properties for $525M CSCDA CIA Acacia AnnouncementLINK TO THE PROPERTY. The type of housing is meant to fill a gap between high-priced market-rate homes and government subsidized low-income properties. PDF Agenda - Tuesday, May 10, 2022 - Palo Alto, California California Los Angeles County Glendale Glendale Real Estate Facts Home Values By City Glendale Homes for Sale $1,077,985 Los Angeles Homes for Sale $901,291 Pasadena Homes for Sale $1,066,851 East Los Angeles Homes for Sale $623,218 Burbank Homes for Sale $1,093,195 Alhambra Homes for Sale $847,364 Arcadia Homes for Sale $1,254,855 The "Essential Housing" model has already created over 2,000 affordable rent-restricted rental units. 141 N. Glendale Ave., Ste. Additionally, no existing tenants are displaced under the program. The City does not fund the Section 8 program. 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. Catalyst Housing Group (Catalyst)/California Community Housing Agency (CalCHA) Middle Income Housing Financing Program Chair Marquez asked Ma'Ayn Johnson, SCAG staff, to introduce Jordan Moss, CEO, Catalyst Housing . All Rights Reserved. Glendale, CA 91206 Workforce housing properties were acquired by the cities of Glendale and Pasadena from the issuance of more than $481.5 million in tax-exempt Essential Housing Revenue Bonds through the California Statewide Communities Development Authority's (CSCDA) new Workforce Housing Program. HOME Contacts: California - Affordable Housing - CPD