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Facts and Figures on Community Development

Community Type Acquisition 2004
Development
Type
3 Story Corridor Surface Parked
Development Partners

Riverside Charitable Corporation

SunAmerica

Union Bank

California Statewide Communities Development Authority (CSCDA)

Community Development Commission Los Angeles County

Arcadia Redevelopment Agency

Bank of New York

Architects N/A
Financing N/A
Development Financing 4% LIHTC (Tax Credits) with Tax Exempt Bonds
1 Bedroom 2 BedroomAffordability & Unit Mix Area Median Income
16 16 Units 50%
29 8 37 Units 60%
1 1 Units Manager's Units
54 Total Units
1.490 Acres 36.25 Units per Acre