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Facts and Figures on Community Development

Community Type New Construction 1995; Resyndication/Rehabilitation 2011
Development
Type
2 Story Garden Walk up Surface Parked
Development Partners

Riverside Charitable Corporation

Alleghany Properties

California Statewide Communities Development Authority (CSDCA)

Wells Fargo

Cathedral City Redevelopment Agency

Citibank

Architects Bassenian Lagoni Architecture
Financing $7,700,000.00
Development Financing 9% LIHTC (Tax Credits)
1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom Affordability & Unit Mix Area Median Income
20 10 2 32 Units 50%
1 27 1947 Units 60%
11 Units Manager's Units
80 Total Units
3.80 Acres 21.05 Units per Acre