california community housing agency glendale

The transactions, completed in partnership with the California Community Housing Agency ("CalCHA"), will permanently transition the currently market-rate properties into rent-restricted housing . 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 . It is also being converted to middle-income housing for people making 80% to 120% of the areas median income.CSCDA is acquiring these multifamily projects using tax exempt bond financing instead of public subsidies.This program is just being rolled out across California, but were already realizing its benefits since the reduced rent can be put into place immediately. California Department of Housing and Community Development | California Catalyst and CalCHA Add 1,000+ Units of Essential HousingWorth >$525MM Unfortunately, workforce housing for the missing middle is not eligible for tax credits, private activity bonds or most other federal, state or local government subsidies. Jefferson Apartments AnnouncementLINK TO PROPERTY. The Glendale Housing Authority is authorized for 1,592 Section 8 Vouchers. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com. The deal is California Communitys second recent acquisition in Glendale. September 14, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $84,275,000 in tax-exempt Essential Housing Revenue Bonds to acquire Waterscape Apartments, located in Fairfield, California. This program benefits essential workers such as teachers, police officers, firefighters and others who are important to the fabric of a community, yet many times cant afford to live in the very cities they serve.Waterford will serve as the buildings property administrator, and current tenants with expiring leases who meet the income requirements will be able to participate in the program. The City does not fund the Section 8 program. Ascencia has provided housing and services to over 12,000 homeless individuals and families since 2006. 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. We specialize in programs for families, seniors, citizens with special needs and mixed-use developments. Californias housing crisis remains critical and the State continues to experience a significant shortage of available affordable housing units. Peter Zovak Assistant Director of Community Development. The Glendale Housing Authority is authorized for 1,592 Section 8 Vouchers. CSCDA CIA Towne at Glendale AnnouncementLINK TO THE PROPERTY. To report fraud anonymously, contact the Glendale Section 8 Fraud Hotline at (818) 548-6442 orvia email at: section8fraud@glendaleca.gov. CSCDA CIA Wood Creek AnnouncementLINK TO THE PROPERTY. Catalyst and CalCHA Add 1,000+ Units of Essential Housing, Expand to 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. State leaders, as well as individual cities and counties have also recognized a serious shortage of workforce housing for those that have been termed the missing middle, individuals and families that earn too much to qualify for traditional affordable housing, but not enough to afford market rate rents in the communities where they work. 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. The projects will be converted to rent-restricted units for low and middle-income tenants. December 29, 2020 The CSCDA Community Improvement Authority is pleased to announce the issuance of $116,825,000 in tax-exempt Essential Housing Revenue Bonds to acquire the CTR City Apartments, located in Anaheim, California. Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. CSCDA CIA Escondido Portfolio AnnouncementLINK TO ROWANLINK TO HAVEN 76LINK TO ALCOVE. Housing Authority/CDBG | City of Glendora Home I Want To Apply for Alarm Permit Building Permit Business License Child Safety Seat Inspection City Commission City Job Library Card Library Display Cases Library Meeting Room Marriage License Annual Early Morning Parking Permit Pet License Volunteer Jobs at the Library Water Conservation Rebates CareRev Raises $50 Million to Expand App for Health Care Workers. Glendale, CA 91206 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. FOR INTERESTED TENANTS, A LIST OF PARTICIPATING PROPERTIES ARE LOCATED UNDER CIA PROJECTS. Workforce housing project in Glendale funded through Cal Cities 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 The Glendale Housing Authority has supported the development of numerous affordable housing projects using affordable housing funding, since its inception in 1975. Welcome to the Housing Division. | City of Glendale, CA Public benefit programs, such as Section 8 housing, arevulnerable to fraud. 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. All Rights Reserved. Remembering Eli Broads Legacy of Building and Giving, California Broadens Data Privacy Protections. The Glendale Housing Authority implemented temporary measures to help minimize and prevent the spread of COVID-19 until further guidelines are released. Please enable JavaScript in your browser for a better user experience. 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. Additionally, no existing tenants are displaced under the program. She previously covered real estate for the Los Angeles Business Journal. PDF Viewing Instructions - cdiacdocs.sto.ca.gov November 30, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $207,415,000 in tax-exempt Essential Housing Revenue Bonds to acquire 777 Place Apartments, located in Pomona, California. 1400 K Street, Suite 400 About CCRC | CCRC The authority also provided bonds to Opportunity Housing Group to purchase the 161-unit Moda at Monrovia Station complex from Griffin Capital and Legacy Partners. CSCDA CIA Park Crossing AnnouncementLINK TO THE PROPERTY. If approached please keep in mind the following advice: Founded in 1989 with support from the Federal Reserve Bank of San Francisco and major banks throughout California, CCRC is Californias premier multifamily affordable housing lender; responding to Californias statewide affordable housing crisis is our business. Nominations; Custom Publishing; K. 1 Dixon, Diane Newport Beach District 15 0 Espinoza, Rose La Habra OCCOG 1 1 100 West Broadway, Suite 1000, Glendale, CA 91210 Tel:818.550.9800 Fax:818.550.9806 www.e-ccrc.org. The adjacent lot, included in the sale, provides plenty of flat land to expand the yard, install a pool, or perhaps build another home. CSCDA CIA Westgate Phase 1 AnnouncementLINK TO THE PROPERTY. From the guest chefs who prepare and serve hot meals . Cameo and The Garrison AnnouncementLINK TO CAMEO PROPERTYLINK TO THE GARRISON PROPERTY. Public agencies have gobbled up residential units in Glendale to create workforce housing. The program uses tax-exempt bonds to finance multifamily acquisitions. The type of housing is meant to fill a gap between high-priced market-rate homes and government subsidized low-income properties. F: (916) 658-8240. 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. CSCDA CIA Millennium South Bay AnnouncementLINK TO THE PROPERTY. Working as a team, we can remove ineligibleindividuals from receiving government assistancefraudulently. Ascencia | Lifting People Out of Homelessness Sequoia Equities sold the 205-unit Brio Apartments at 546 W. Colorado St. in Glendale, California, for $110 million, or about $537,000 per unit, to California Community Housing Agency. CDD Administration | City of Glendale, CA - Glendale, California Housing Section 8 Program | City of Glendale, CA 633 E. Broadway, Room 201 . Glendale has seen interest from other property owners as well.Brentwood-based JRK Property Holdings Inc. acquired Harrison Glendale, a 164-unit luxury apartment complex, for $90.7 million, earlier this year.The complex is located at 318 W. Wilson Ave., one block from the Glendale Galleria and The Americana at Brand shopping centers.The Harrison was 96% leased at closing. Workforce housing projects in Glendale and Pasadena funded through Cal 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. View more property details, sales history and Zestimate data on Zillow. 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. Northern California. The transactions, completed in partnership with the California Community Housing Agency ("CalCHA"), . 2022 Events; Event Recaps; Past Events; Custom Content. March 25, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $135,730,000 in tax-exempt Essential Housing Revenue Bonds to acquire Oceanaire Apartments, located in Long Beach, California. December 28, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $202,120,000 in tax-exempt Essential Housing Revenue Bonds to acquire Rowan Apartments, Haven 76 Apartments and Alcove Apartments, located in Escondido, California. She previously covered real estate for the Los Angeles Business Journal. Section 8 is a FREE federal program and it is illegal to sell vouchers. State agency acquired 494-unit Next on Lex, which will convert to workforce housing, Cypress Equity's Michael Sorochinsky and the Next on Lex complex (iStock). 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. The state-funded California Community Housing Agency was established two years ago; in April, just before closing this deal, the agency also bought another apartment complex property in Glendale. These housing projects have provided new affordable rental housing for seniors, families, and . Catalyst and CalCHA Add 1,000+ Units of Essential Housing, Expand to CSCDA CIA Vineyard Gardens 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. (818) 548-3936. The property is 92 percent leased. CSCDA CIA Acacia AnnouncementLINK TO THE PROPERTY. It was sold by Sequoia Equities Inc.CCHA is a state agency that was established in 2019. 141 N. Glendale Ave.,Ste. (916) 658-8200 October 20, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $157,390,000 in tax-exempt Essential Housing Revenue Bonds to acquire 1818 Platinum Triangle Apartments, located in Anaheim, California. Waterford Property bought the Oceanaire complex in Long Beach in March with the help of tax-exempt bonds from the California Statewide Communities Development Authority. Suspiciousactivity can be reported to our office for investigation. 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. CSCDA CIA 777 Place AnnouncementLINK TO THE PROPERTY. 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. CTR City Anaheim AnnouncementLINK TO PROPERTY, December 22, 2020 The CSCDA Community Improvement Authority is pleased to announce the issuance of $70,675,000 in tax-exempt Essential Housing Revenue Bonds to acquire the Renaissance at City Center Apartments, located in Carson, California.Renaissance Carson AnnouncementLINK TO PROPERTY, Filling the Missing Middle in LAs Housing Market is Focus of New Government Program (KCRW), Anaheim Will Cut Rents on More than 1,000 Middle Income Apartments (Orange County Register), California Bond Program Helps Cities Secure Middle Income Housing Without Upfront Cost (Next City), Anaheim Introduces New Approach to Creating Affordable Housing (Fox 11 Good Day LA), Proyecto en Anaheim busca reducir el alquiler de m? 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. February 9, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $181,010,000 in tax-exempt Essential Housing Revenue Bonds to acquire Parallel Apartments, located in Anaheim, California. Never pay money for affordable housing programs. DO NOT release personal financial information to strangers promising to provide Section 8. Catalyst Housing Group, in partnership with California Community Housing Agency (CalCHA), has completed the acquisition of two Southern California multifamily communities and one. Our soul is the thousands of volunteers, donors, and sponsors that enable our work. 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. Sitting between the living room and the fully updated kitchen is the formal dining room with a view and passthroughs opening up the space. Monday - Friday To speak with a Relationship Manager, please call 818 550-9800. 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. Homeless Devine, Paula Glendale District 42 1. Westgate and The Hudson AnnouncementLINK TO WESTGATE PROPERTYLINK TO THE HUDSON PROPERTY. Applications will only be accepted by Glendale Silvercrest Residences. CCRC Vision ft. home is a 3 bed, 2.0 bath property. Government Departments Community Development Housing. 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. 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. The 1,798 sq. Sequoia Equities Sells Brio Apartments in Glendale - CoStar Parallel Apartments AnnouncementLINK TO PROPERTY. 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. 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. Fraud hurts everyone. Cypress Equity Investments sold the 494-unit Next on Lex complex in Glendale for $290 million, according to the Los Angeles Business Journal. April 13, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $117,955,000 in tax-exempt Essential Housing Revenue Bonds to acquire MODA at Monrovia Station Apartments, located in Monrovia, California. Since its inception, CSCDA has financed the construction or preservation of nearly 100,000 affordable units throughout California. The two downstairs bedrooms each have their own attached bathroom, exterior entrances, and wet bar, providing flexibility with these spaces. The agency bought the 205-unit Brio complex from Sequoia Equities earlier this month. Catalyst and CalCHA Add 1,000+ Units of Essential Housing Worth >$525MM Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. Catalyst Housing Group, California Community Housing Agency, CalCHA, Northern California, Southern California, Glendale, Santa Rosa, Livermore, Hayward, Larkspur . Catalyst and CalCHA Acquire Two Additional Essential Housing Communities Catalyst is focused on affordably and sustainably housing our essential middle-income workforce, Jordan Moss, founder of Catalyst Housing Group, said in a statement.He added that the acquisitions would provide residents with rent-restricted housing and protect people from being displaced.We are excited to take this step and increase housing opportunities for middle-income households. Catalyst Housing was slated to be the manager for both of those properties. Government Departments Community Development. Annual rent increases are capped at no more than 4%, which is significantly less than the rent limits under AB1482, the recently adopted State tenant protection legislation. Soua Vang Deputy Directory of Community Development/Economic Development. The "Essential Housing" model has already created over 2,000 affordable rent-restricted rental units. Sacramento, CA 95814, P: Authority, and the Housing Authority of Santa Barbara have become Additional . F: (916) 658-8240. An affordable housing property has been acquired for middle-income residents in the city of Glendale from the issuance of more than $339 million in tax-exempt bonds through the California Statewide Communities Development Authority's (CSCDA) new Workforce Housing Program. HOME Contacts: California - Affordable Housing - CPD 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. Dubbed Altana, the Central Avenue property is the fourth and largest community acquired as part of CSCDAs middle-income housing program. Waterford Place AnnouncementLINK TO THE PROPERTY. The deal is California Community's second recent acquisition in Glendale. 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. Don't be a victim of scammers. Valley 200 - 2022; Valley 200 Archive; Events. Glendale's Multifamily Moment - San Fernando Valley Business Journal 3200 Menlo Dr, Glendale, CA 91208 | MLS #PF23071435 | Zillow Waterscape Apartments AnnouncementLINK TO THE PROPERTY. 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. Please enable JavaScript in your browser for a better user experience. 11150 Santa Monica Boulevard, Suite 350 PDF Agenda - Tuesday, May 10, 2022 - Palo Alto, California 11150 Santa Monica Boulevard, Suite 350 It weakens the public trust and confidence, and prevents the HousingAuthority from assisting eligible families. Catalyst, CalCHA Buy 3 California Properties for $525M Los Angeles, CA 90025 Los Angeles, CA 90025 Catalyst and CalCHA Add 1,000+. Please review the following highlights about the opening. 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. CalCHA partners with Catalyst Housing Group, LLC and issues $179M to acquire Aster in Dublin, CA Read more Apr 23 2021 The Brio complex, located at 546 W. Colorado St., has 205 units and was. Workforce housing (sometimes referred to as middle-income or moderate-income housing) is housing for individuals and families typically earning between 60% and 120% AMI. Affordable Housing Commercial Development Impact Fee, Landlord/Tenant Rights & Responsibilities(PDF), Application for Landlord/Tenant Ad-Hoc Committee, Contact Us: In addition to multifamily units, it has a central courtyard with a pool, park and barbecue area; a two-story fitness center, yoga studio; club room; and dog run. Catalyst Housing Group will manage Brio and Next on Lex on behalf of the state, according to the report. 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. Originally, over 12,500 households applied for the program;to date, approximately 2,300 remain on the Waiting List. Peter Zovak oversees CDD's Housing Division and the Neighborhood Services Section. Workforce Housing Program - CSCDA 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. In total, the Housing Authority services over 3,000 vouchers consisting of low income, disabled, or elderly households. Our Access Center located at 1851 Tyburn Street in Glendale, California is the heart of our organization. Households are enrolled into the program from the Section 8 Waiting List. The City actively pursues allegations of fraud. There is extra living space upstairs including a family room and a bonus room. The property, named the Oceanaire, is located at 150 W. Ocean Blvd.Waterford and the CSCDA plan to convert the complex into middle-income housing, with Waterford serving as the property administrator.Its part of a workforce housing finance program that CSCDA started last year. CCRC will become the premier provider of capital serving the needs of low-income residents and communities. Please switch to a supported browser or download one of our Mobile Apps. Award winning La Crescenta schools, premium neighborhood, less than one mile from charming downtown Montrose, and less than half a mile from two different parks makes this home an easy choice. Affordable Housing Development | City of Glendale, CA CSCDA CIA Monterey Station AnnouncementLINK TO THE PROPERTY. Glendale, CA 205 units .

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