FIRST-EVER PRIVATE DEVELOPMENT BREAKS GROUND IN VERNON

by admin

VERNON, CALIF. – The City of Vernon has broken ground on Vernon Village Park, its first-ever private development. The 45-unit affordable housing project is located at 4675 E. 52nd Drive, just 5 miles south of Downtown Los Angeles.

The $12.8-million, garden-style development is scheduled for completion in summer 2015. It is being built to LEED-Silver specifications.

Vernon Village Park will include a community room with a kitchen, a computer room, meeting room, common laundry facility, a courtyard and barbecue area, children’s play area and edible community gardens.

The project is being developed by Meta Housing Corporation, which worked with the City of Vernon, as well as its non-profit partner, Community Home Builders and Associates. The California Tax Credit Allocation Committee, Bank of America, Federal Home Loan Bank San Francisco – Affordable Housing Program and the California Community Reinvestment Corporation also participated in this project.

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