Glendale Silvercrest Residences will open its waitlist for 2 weeks beginning May 1, 2023 May 14, 2023. Waterford Place AnnouncementLINK TO THE PROPERTY. 100 West Broadway, Suite 1000, Glendale, CA 91210 Tel:818.550.9800 Fax:818.550.9806 www.e-ccrc.org. (916) 658-8200 141 N. Glendale Ave., Ste. Please enable JavaScript in your browser for a better user experience. Originally, over 12,500 households applied for the program;to date, approximately 2,300 remain on the Waiting List. March 14, 2022 The CSCDA Community Improvement Authority is pleased to announce the issuance of $95,641,006 in tax-exempt Essential Housing Revenue Bonds to acquire Towne at Glendale Apartments, located in Glendale, California. Jefferson Apartments AnnouncementLINK TO PROPERTY. The program uses tax-exempt bonds to finance multifamily acquisitions. What's New | California Community Housing Agency - CalCHA 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. June 16, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $95,545,000 in tax-exempt Essential Housing Revenue Bonds to acquire The Link Apartments, located in Glendale, California. WEBSITE DESIGN BY GRANICUS - Connecting People and Government. Ascencia | Lifting People Out of Homelessness Additionally, no existing tenants are displaced under the program. PDF Community, Economic and Human Development Committee June 3, 2021 CalCHA is represented by and will rely on its municipal advisor GPM Municipal Advisors, LLC ("GPM") to provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products. If approached please keep in mind the following advice: CalCHA works effectively and efficiently to satisfy the requirements of the government approval process. The California Community Housing Agency also recently purchased the Brio apartments in Glendale for $110 million. December 14, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $113,950,000 in tax-exempt Essential Housing Revenue Bonds to acquire Park Crossing Apartments, located in Fairfield, California. 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. CalCHA is governed by the Kings County Board of Supervisors and requires local government oversight and approval for financings to ensure accountability and transparency. Meet Glendale's Section 8Landlords and Tenants, Meet Section 8 Landlords From Around the Country. 8:00 AM to 5:00 PM, WEBSITE DESIGN BY GRANICUS - Connecting People and Government. Catalyst Housing Group will manage Brio and Next on Lex on behalf of the state, according to the report. California Department of Housing and Community Development | California The deal is California Community's second recent acquisition in Glendale. Article | California Community Housing Agency - CalCHA PLEASE CONTACT THE PROPERTY MANAGER FOR LEASING INFORMATION 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. CSCDA CIA Theo AnnouncementLINK TO THE PROPERTY. Workforce housing project in Glendale funded through Cal Cities Please enable JavaScript in your browser for a better user experience. The California Community Housing Agency, a state agency which is also focused on middle-income housing, purchased the property from Cypress Equity Investments.The agency also recently purchased the 205-unit Brio apartments at 546 W. Colorado St. for $110 million from Sequoia Equities Inc.Brentwood-based JRK Property Holdings Inc. acquired the 164-unit Harrison Glendale at 318 W. Wilson Ave. for $90.7 million this year. Public agencies have gobbled up residential units in Glendale to create workforce housing. 1400 K Street, Suite 400 Catalyst and CalCHA Add 1,000+ Units of Essential Housing Worth >$525MM Cypress Equity bought Next on Lex from Century West Partners, which completed the project in 2019. This funding was approved by the United States Congress in 2021 as part of the American Rescue Plan Act of 2021 to address the need for homelessness assistance and supportive services for the following Qualifying Populations (QPs): 1. (818) 548-3936. CalCHA remits excess project cash flows and provides a purchase option to the local agency prior to bond termination. Through CSCDA CIAs Workforce Housing Program, government bonds are issued to acquire market-rate apartment buildings. June 15, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $385,985,000 in tax-exempt Essential Housing Revenue Bonds to acquire Westgate Apartments and The Hudson Apartments, both located in Pasadena, California. California Community Housing Agency CalCHA partners with Catalyst Housing Group, LLC and issues $444M to acquire Glendale Properties in Glendale, CA Mar 31, 2021 Back Home Contact Us Privacy Policy Terms of Service Copyright 2023, California Community Housing Agency. CSCDA CIA Park Crossing AnnouncementLINK TO THE PROPERTY. October 21, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $134,605,000 in tax-exempt Essential Housing Revenue Bonds to acquire Acacia Apartments, located in Santa Rosa, California. 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.
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