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Facts and Figures on Community Development

Community Type Acquisition 2004
Development
Type
4 Story Corridor Subterranean Parking
Development Partners

Riverside Charitable Corporation

City of Glendale

California Statewide Communities Development Authority (CSCDA)

SunAmerica

Wells Fargo

Architects N/A
Financing N/A
Development Financing 4% LIHTC (Tax Credits) with Tax Exempt Bonds
1 Bedroom 2 Bedroom Affordability & Unit Mix Area Median Income
16 0 16 Units 50%
30 5 35 Units 60%
0 0 0 Units Market Rate
0 1 1 Units Manager's Units
52 Total Units
0.482 Acres 107.86 Units per Acre