california community housing agency glendale

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. 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. To report fraud anonymously, contact the Glendale Section 8 Fraud Hotline at (818) 548-6442 orvia email at: section8fraud@glendaleca.gov. 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. Working as a team, we can remove ineligibleindividuals from receiving government assistancefraudulently. 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. Affordable Housing Commercial Development Impact Fee, Landlord/Tenant Rights & Responsibilities(PDF), Application for Landlord/Tenant Ad-Hoc Committee, Contact Us: The 1,798 sq. 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. 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. August 31, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $235,000,000 in tax-exempt Essential Housing Revenue Bonds to acquire Waterford Place Apartments, located in Dublin, California. 202 Glendale, CA 91206 Tel. CalCHA has retained an independent registered municipal advisor. CCRC Vision Remembering Eli Broads Legacy of Building and Giving, California Broadens Data Privacy Protections. 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? 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. To speak with a Relationship Manager, please call 818 550-9800. 11150 Santa Monica Boulevard, Suite 350 Were excited about what this means for Glendale as it helps provide more diversity to the citys housing stock, John Drachman, co-founder of Waterford Property Co., said in a statement.Eastdil Secureds Joseph Smolen, Geoff Boler and Lee Redmond represented Waterford and CSCDA in the transaction.Its been a hot market for multifamily sales in Glendale where large properties such as Next on Lex, the Brio and the Harrison Glendale have sold this year.Next on Lex is a 494-unit multifamily with 8,000 square feet of ground-floor retail located at 275 W. Lexington Drive. ?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). CareRev Raises $50 Million to Expand App for Health Care Workers. Proposals may be addressed to CalCHA, care of any of the Program Administrators listed on CalCHAsContact Uspage. CCRC Mission 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. The two downstairs bedrooms each have their own attached bathroom, exterior entrances, and wet bar, providing flexibility with these spaces. Fraud hurts everyone. The California Community Housing Agency also recently purchased the Brio apartments in Glendale for $110 million. CSCDA CIA Escondido Portfolio AnnouncementLINK TO ROWANLINK TO HAVEN 76LINK TO ALCOVE. Adjacent Vacant Lot with usable flat land included, Huge Views, Extensively remodeled 1920s craftsmen in one of the best neighborhoods in Glendale, Montectio Park. These projects continue to be very successful both in terms of design and operations. 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. FOR INTERESTED TENANTS, A LIST OF PARTICIPATING PROPERTIES ARE LOCATED UNDER CIA PROJECTS. She previously covered real estate for the Los Angeles Business Journal. At least two other recently built properties sold this year to state-funded investors for workforce housing conversions. 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. Another apartment complex has been acquired that will be converted into workforce housing. CalCHA works effectively and efficiently to satisfy the requirements of the government approval process. Workforce housing project in Glendale funded through Cal Cities-sponsored bond agencys new program, Governance, Transparency, and Labor Relations, Housing, Community, and Economic Development, Transportation, Communications, and Public Works, City Clerks New Law and Elections Seminar, Lesbian Gay Bisexual Transgender Queer (LGBTQ) Caucus. Los Angeles, CA 90025 CSCDA CIA Park Crossing AnnouncementLINK TO THE PROPERTY. The transactions, completed in partnership with the California Community Housing Agency ("CalCHA"), will permanently transition the currently market-rate properties into rent-restricted housing . Californias housing crisis remains critical and the State continues to experience a significant shortage of available affordable housing units. Entertaining in the back yard is easy with large patios, privacy and of course gorgeous views. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com. Ascencia has provided housing and services to over 12,000 homeless individuals and families since 2006. 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. 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. 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 CSCDA CIA Wood Creek AnnouncementLINK TO THE PROPERTY. View more property details, sales history and Zestimate data on Zillow. These properties are then converted to income and rent-restricted units for moderate/middle income households, which are generally households earning 80% to 120% of AMI. Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. DO NOT pay money in exchange for the promise of Section 8 assistance. 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. 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. 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. 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. The California Community Housing Agency (CalCHA)4is the State's first public agency focused exclusively on the production, preservation, and protection of middle-income housing. CSCDA CIA Theo AnnouncementLINK TO THE PROPERTY. 427 Coutin Ln , Glendale, CA 91206-3104 is a single-family home listed for-sale at $1,599,000. Catalyst Housing Group, in partnership with California Community Housing Agency (CalCHA), has completed the acquisition of two Southern California multifamily communities and one. 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. Peter Zovak Assistant Director of Community Development. In total, the Housing Authority services over 3,000 vouchers consisting of low income, disabled, or elderly households. CCRC has worked with for-profit and non-profit developers throughout California to increase the supply of affordable housing. 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 . Authority, and the Housing Authority of Santa Barbara have become Additional . Parallel Apartments AnnouncementLINK TO PROPERTY. The City actively pursues allegations of fraud. 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. Monday - Friday Please switch to a supported browser or download one of our Mobile Apps. 323-549-5225, Los Angeles Business Journal | Website by Web Publisher PRO. Government Departments Community Development Housing. 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. Suspiciousactivity can be reported to our office for investigation. The Glendale Housing Authority receives funding from HUD on an annual basis to pay for rental assistance subsidies on behalf of lower income clients. CalCHA partners with Unity Housing and issues $101M to acquire Twin Creeks Apartments in Antioch, CA, CalCHA partners with HCF Development, LLC and issues $127M to acquire K Street Flats in Berkeley, CA, CalCHA partners with Catalyst Housing Group, LLC and issues $152M to acquire Summit at Sausalito in Sausalito, CA, CalCHA partners with Catalyst Housing Group, LLC and issues $135M to acquire The Exchange at Bayfront Apartments in Hercules, CA, CalCHA partners with Catalyst Housing Group, LLC and issues $221M to acquire Fountains at Emerald Park in Dublin, CA, CalCHA partners with Catalyst Housing Group, LLC and issues $179M to acquire Aster in Dublin, CA, CalCHA partners with Catalyst Housing Group, LLC and issues $94M to acquire Mira Vista Hills in Antioch, CA, CalCHA partners with Catalyst Housing Group, LLC and issues $444M to acquire Glendale Properties in Glendale, CA, CalCHA partners with Catalyst Housing Group, LLC and issues $165M to acquire Creekwood in Hayward, CA, CalCHA partners with HCF Development, LLC and issues $101M to acquire Stoneridge Apartments in Walnut Creek, CA. MLS # SB23071382 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. Chula Vista, County of Marin, Glendale Housing 2021-03-10 Item #10A Page 2 of 39. 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. 323-549-5225, Los Angeles Business Journal | Website by Web Publisher PRO. The Section 8 Housing Choice Voucher program is a federal program funded and administered by the Department of Housing and Urban Development (HUD). 633 E. Broadway, Room 201 . Northern California. 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. LARKSPUR, Calif., April 1, 2021 Catalyst Housing Group is expanding its transformative middle-income Essential Housing model across the state, with the acquisition of two multifamily housing communities in Southern California and its fifth property in Northern California. 100 West Broadway, Suite 1000, Glendale, CA 91210 Tel:818.550.9800 Fax:818.550.9806 www.e-ccrc.org. Workforce housing projects in Glendale and Pasadena funded through Cal Cities-sponsored bond agencys new program, Governance, Transparency, and Labor Relations, Housing, Community, and Economic Development, Transportation, Communications, and Public Works, City Clerks New Law and Elections Seminar, Lesbian Gay Bisexual Transgender Queer (LGBTQ) Caucus. 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. 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. 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 Don't be a victim of scammers. CSCDA CIA Crescent AnnouncementLINK TO THE PROPERTY. Homeless 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. 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. Never pay money for affordable housing programs. 1400 K Street, Suite 400 The property is 92 percent leased. WEBSITE DESIGN BY GRANICUS - Connecting People and Government. Catalyst Housing was slated to be the manager for both of those properties. Sacramento, CA 95814, P: State of California Department of Housing and Community Development 2020 W. El Camino Ave., Suite 500 Sacramento, CA 95833 Phone: (916) 263-0256 Email Website Cities City of Alhambra Ms. Jessica Binnquist, Assistant City Manager 111 S. First St. Alhambra, CA 91801-3702 Phone: (626) 570-5011 Fax: (626) 281-2248 City of Anaheim All Rights Reserved. CSCDA CIA Monterey Station AnnouncementLINK TO THE PROPERTY. 2022 Events; Event Recaps; Past Events; Custom Content. 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. PLEASE CONTACT THE PROPERTY MANAGER FOR LEASING INFORMATION Devine, Paula Glendale District 42 1. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com. F: (916) 658-8240. CSCDA CIA 777 Place AnnouncementLINK TO THE PROPERTY. By publicly posting the following written disclosure, the California Community Housing Agency ("CalCHA") intends that market participants receive and use it for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule. Catalyst and CalCHA Add 1,000+. 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 Glendale Housing Authority is authorized for 1,592 Section 8 Vouchers. 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. Cypress Equity Investments sold the 494-unit Next on Lex complex in Glendale for $290 million, according to the Los Angeles Business Journal. It weakens the public trust and confidence, and prevents the HousingAuthority from assisting eligible families. Please enable JavaScript in your browser for a better user experience. All Rights Reserved. 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. Sacramento, CA 95814, P: The projects will be converted to rent-restricted units for low and middle-income tenants. Affordable housing is typically financed with tax-exempt private activity bonds and low-income housing tax credits, but these subsidies are limited to projects that restrict units for residents earning less than 60% of the area median income (AMI) (in certain cases up to 80% AMI). Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. DO NOT believe that Section 8 assistance can be purchased on the street from strangers. The. Jefferson Apartments AnnouncementLINK TO PROPERTY. The Glendale Housing Authority has supported the development of numerous affordable housing projects using affordable housing funding, since its inception in 1975. Please review the following highlights about the opening. 1400 K Street, Suite 400 (916) 658-8200 We specialize in programs for families, seniors, citizens with special needs and mixed-use developments. 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. 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. Public benefit programs, such as Section 8 housing, arevulnerable to fraud. 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. Our soul is the thousands of volunteers, donors, and sponsors that enable our work. It was sold by Sequoia Equities Inc.CCHA is a state agency that was established in 2019. Cypress Equity bought Next on Lex from Century West Partners, which completed the project in 2019. Since its inception, CSCDA has financed the construction or preservation of nearly 100,000 affordable units throughout California. CalCHA partners with Catalyst Housing Group, LLC and issues $179M to acquire Aster in Dublin, CA Read more Apr 23 2021 Catalyst Housing Group will manage Brio and Next on Lex on behalf of the state, according to the report. 141 N. Glendale Ave.,Ste. November 4, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $81,065,000 in tax-exempt Essential Housing Revenue Bonds to acquire Theo Apartments, located in Pasadena, 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, Landlord/Tenant Rights & Responsibilities, Applications must be requested by phone at 818-960-0392 beginning May 1, 2023, Applicants must be 62 years of age and older and income eligible, Applications will be accepted by fax or email. Peter Zovak oversees CDD's Housing Division and the Neighborhood Services Section. 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 City does not fund the Section 8 program. The Brio complex, located at 546 W. Colorado St., has 205 units and was. 11150 Santa Monica Boulevard, Suite 350 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. 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. 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.

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