California

BUENA PARK, CALIF. — C&C Development and Riverside Charitable Corp. have broken ground on Lincoln Avenue Apartments, an affordable housing community in Buena Park. Consisting of four three-story buildings, Lincoln Avenue Apartments will offer 54 apartments for families and veterans in need. The project will include five units for student families, 11 units for veterans and 13 permanent supportive housing units for families and individuals with special needs. Units will range in size from approximately 500 square feet to 900 square feet and will be both ADA-accessible and adaptable. Additionally, units will incorporate sustainable design elements and practices, such as drought-tolerant landscaping and the installation of energy-efficient HVAC systems, water heaters and appliances. Onsite amenities will include a community room, laundry room, children’s tot lot, teen outdoor fitness area and a barbecue pavilion. Additionally, LifeSTEPS will offer onsite programming for adult education and after-school activities for children. Funding for the project was provided by several entities, including the City of Buena Park and CalOptima Health, which is providing an $8 million grant to support housing for Medi-Cal members.

ROCKLIN, CALIF. — USA Properties Fund has completed Terracina at Whitney Ranch, an affordable housing property in Rocklin. USA Properties Fund developed the $104 million apartment community without local or state subsides, relying only on tax credits. Bank of America is the construction and tax credit lender on the project, while Citi Community Capital is the permanent lender. Located at 801 University Ave., Terracina at Whitney Ranch offers 288 one-, two- and three-bedroom apartments with energy-efficient appliances and light fixtures, ceiling fans and low-flow faucets, showers and toilets. Rents for one-bedroom units range from approximately $592 to $1,374 per month, based on household income, while three-bedroom apartments range from $781 to $2,007 per month. Apartments are reserved for residents who earn 30 percent to 70 percent of the median income for Placer County, Calif. Onsite amenities include a 4,000-square-foot clubhouse with a community room, fitness room, swimming pool, courtyard with seating, tot-lot play area, a dog park and EV charging stations, as well as laundry facilities. Additionally, the community includes an outdoor fitness area with workout equipment.