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Facts and Figures on Community Development

Community Type Acquisition 2003
Development
Type
2 Story Walk Up Surface Parked
Development Partners

Riverside Charitable Corporation

SunAmerica

California Statewide Communities Development Authority (CSCDA)

Community Development Commission Los Angeles County

Monrovia Redevelopment Agency

Wells Fargo

Architects N/A
Financing N/A
Development Financing 4% LIHTC (Tax Credits) with Tax Exempt Bonds
Studio 1 Bedroom 2 Bedroom Affordability & Unit Mix Area Median Income
1 35 3 39 Units 50%
34 4 38 Units 60%
1 1 Units Manager's Units
78 Total Units
2.470 Acres 31.59 Units per Acre