Please switch to a supported browser or download one of our Mobile Apps. Workforce Housing Program - CSCDA The authority also provided bonds to Opportunity Housing Group to purchase the 161-unit Moda at Monrovia Station complex from Griffin Capital and Legacy Partners. The Glendale Housing Authority receives funding from HUD on an annual basis to pay for rental assistance subsidies on behalf of lower income clients. Glendale Silvercrest Residences will open its waitlist for 2 weeks beginning May 1, 2023 May 14, 2023. Westgate and The Hudson AnnouncementLINK TO WESTGATE PROPERTYLINK TO THE HUDSON PROPERTY. Adjacent Vacant Lot with usable flat land included, Huge Views, Extensively remodeled 1920s craftsmen in one of the best neighborhoods in Glendale, Montectio Park. Through CSCDA CIAs Workforce Housing Program, government bonds are issued to acquire market-rate apartment buildings. Waterford Property Co. and the California Statewide Communities Development Authority have purchased a 507-unit luxury multifamily community in Glendale for $300 million. Housing Authority/CDBG | City of Glendora Home I Want To Apply for Alarm Permit Building Permit Business License Child Safety Seat Inspection City Commission City Job Library Card Library Display Cases Library Meeting Room Marriage License Annual Early Morning Parking Permit Pet License Volunteer Jobs at the Library Water Conservation Rebates California Investments Save More Than 700 Affordable Homes from Losing Affordability Restrictions To ensure availability of affordable housing for lower-income Californians priced out of the rental market, the Department of Housing and Community Development (HCD) today announced the first of several awards from the new Portfolio Reinvestment CalCHA is governed by the Kings County Board of Supervisors and requires local government oversight and approval for financings to ensure accountability and transparency. Providing this access to capital allows individuals to live, work and raise their families in communities throughout California, creating a more economically diverse and stable statewide economy. This browser is no longer supported. October 26, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $89,430,000 in tax-exempt Essential Housing Revenue Bonds to acquire Vineyard Gardens Apartments, located in Santa Rosa, California. The Section 8 Housing Choice Voucher program is a federal program funded and administered by the Department of Housing and Urban Development (HUD). Affordable Housing Development | City of Glendale, CA Workforce housing properties were acquired by the cities of Glendale and Pasadena from the issuance of more than $481.5 million in tax-exempt Essential Housing Revenue Bonds through the California Statewide Communities Development Authority's (CSCDA) new Workforce Housing Program. Copyright 2023, California Community Housing Agency. The. These housing projects have provided new affordable rental housing for seniors, families, and . CSCDA CIA Wood Creek AnnouncementLINK TO THE PROPERTY. December 1, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $188,160,000 in tax-exempt Essential Housing Revenue Bonds to acquire Millennium South Bay Apartments, located in Hawthorne, California. Workforce housing project in Glendale funded through Cal Cities Originally, over 12,500 households applied for the program;to date, approximately 2,300 remain on the Waiting List. The Lists; Real Estate; Health Care; Tech; Finance; Manufacturing; Special Editions. There are views from almost every room of the house including the oversized formal living room featuring a beautiful fireplace and a set of 15 windows wrapped around one corner. The adjacent lot, included in the sale, provides plenty of flat land to expand the yard, install a pool, or perhaps build another home. December 9, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $175,260,000 in tax-exempt Essential Housing Revenue Bonds to acquire Monterey Station Apartments, located in Pomona, California. Workforce housing project in Glendale funded through Cal Cities-sponsored bond agencys new program, Governance, Transparency, and Labor Relations, Housing, Community, and Economic Development, Transportation, Communications, and Public Works, City Clerks New Law and Elections Seminar, Lesbian Gay Bisexual Transgender Queer (LGBTQ) Caucus. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Watch: Developer Patrick Carroll "spits" on restaurant manager, Connecticut private island sells for $3.5M. Monday - Friday At least two other recently built properties sold this year to state-funded investors for workforce housing conversions. CareRev Raises $50 Million to Expand App for Health Care Workers. Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. Chula Vista, County of Marin, Glendale Housing 2021-03-10 Item #10A Page 2 of 39. Annual rent increases are capped at no more than 4%, which is significantly less than the rent limits under AB1482, the recently adopted State tenant protection legislation. To report fraud anonymously, contact the Glendale Section 8 Fraud Hotline at (818) 548-6442 orvia email at: section8fraud@glendaleca.gov. Catalyst and CalCHA Add 1,000+ Units of Essential Housing, Expand to California Community was established in 2019, and over the last few years has pushed for the development of workforce housing, or housing roughly priced for households with incomes around the median income for the area. Public benefit programs, such as Section 8 housing, arevulnerable to fraud. (818) 548-3936. CSCDA CIA Crescent AnnouncementLINK TO THE PROPERTY. The type of housing is meant to fill a gap between high-priced market-rate homes and government subsidized low-income properties. CSCDA CIA Millennium South Bay AnnouncementLINK TO THE PROPERTY. CCRC Vision State leaders, as well as individual cities and counties have also recognized a serious shortage of workforce housing for those that have been termed the missing middle, individuals and families that earn too much to qualify for traditional affordable housing, but not enough to afford market rate rents in the communities where they work. California Community Housing Agency Senior Essential Housing Revenue Bonds, Series 2021A-1 (Glendale Properties), Junior Essential Housing Revenue Bonds, Series 2021A-2 (Glendale Properties) and Subordinate Essential Housing Revenue Bonds, Series 2021B (Glendale Properties) Dated as of March 1, 2021 Glendale, CA 91206 About CCRC | CCRC Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. Award winning La Crescenta schools, premium neighborhood, less than one mile from charming downtown Montrose, and less than half a mile from two different parks makes this home an easy choice. Workforce housing projects in Glendale and Pasadena funded through Cal Never pay money for affordable housing programs. Valley 200 - 2022; Valley 200 Archive; Events. 323-549-5225, Los Angeles Business Journal | Website by Web Publisher PRO. HOME Contacts: California - Affordable Housing - CPD "Workforce housing" projects dominate LA County's biggest - GPAM Jefferson Apartments AnnouncementLINK TO PROPERTY. Numerous updates include refinished hardwood floors throughout, new plumbing, new electrical panel and wiring, new heating and A/C units (dual zone), new ducting, newer roof, new kitchen, new bathrooms, new Pella windows, new insulation, new paint inside and out, new landscaping, and new hardscaping. 11150 Santa Monica Boulevard, Suite 350 The Glendale Housing Authority has supported the development of numerous affordable housing projects using affordable housing funding, since its inception in 1975. Catalyst and CalCHA Acquire Two Additional Essential Housing Communities California Community Housing Agency CalCHA partners with Catalyst Housing Group, LLC and issues $444M to acquire Glendale Properties in Glendale, CA Mar 31, 2021 Back Home Contact Us Privacy Policy Terms of Service Copyright 2023, California Community Housing Agency. The Waiting List has been closed sinceJanuary 2001 and no new applications have been taken. CSCDA CIA Park Crossing AnnouncementLINK TO THE PROPERTY. March 14, 2022 The CSCDA Community Improvement Authority is pleased to announce the issuance of $95,641,006 in tax-exempt Essential Housing Revenue Bonds to acquire Towne at Glendale Apartments, located in Glendale, California. Workforce housing (sometimes referred to as middle-income or moderate-income housing) is housing for individuals and families typically earning between 60% and 120% AMI. California Community Housing Agency - CalCHA January 31, 2022 The CSCDA Community Improvement Authority is pleased to announce the issuance of $111,915,000 in tax-exempt Essential Housing Revenue Bonds to acquire The Crescent Apartments, located in West Hollywood, California. Sitting between the living room and the fully updated kitchen is the formal dining room with a view and passthroughs opening up the space. 202 Glendale, CA 91206 Tel. Catalyst and CalCHA Add 1,000+. February 26, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $195,965,000 in tax-exempt Essential Housing Revenue Bonds to acquire Jefferson Platinum Triangle Apartments, located in Anaheim, California. If you are approached by someone promising Section 8 assistance in any way in exchange for money, you are to ignore the request and report the activity to the Glendale Section 8 Fraud Hotline (818) 548-6442 or via email at section8fraud@glendaleca.gov. CSCDA CIA Acacia AnnouncementLINK TO THE PROPERTY. California Department of Housing and Community Development | California April 13, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $117,955,000 in tax-exempt Essential Housing Revenue Bonds to acquire MODA at Monrovia Station Apartments, located in Monrovia, California. The state-funded California Community Housing Agency was established two years ago; in April, just before closing this deal, the agency also bought another apartment complex property in Glendale. CTR City Anaheim AnnouncementLINK TO PROPERTY, December 22, 2020 The CSCDA Community Improvement Authority is pleased to announce the issuance of $70,675,000 in tax-exempt Essential Housing Revenue Bonds to acquire the Renaissance at City Center Apartments, located in Carson, California.Renaissance Carson AnnouncementLINK TO PROPERTY, Filling the Missing Middle in LAs Housing Market is Focus of New Government Program (KCRW), Anaheim Will Cut Rents on More than 1,000 Middle Income Apartments (Orange County Register), California Bond Program Helps Cities Secure Middle Income Housing Without Upfront Cost (Next City), Anaheim Introduces New Approach to Creating Affordable Housing (Fox 11 Good Day LA), Proyecto en Anaheim busca reducir el alquiler de m? The projects will be converted to rent-restricted units for low and middle-income tenants. The 1,798 sq. Share & Bookmark, Press Enter to show all options, press Tab go to next option, Contact Federal, State, and County Officials, Americans with Disabilities Act (ADA) Resources, Montrose-Verdugo City Chamber of Commerce, Top 10 Reasons You Want Your Business in Glendale, Differences Between Federal & State Fair Housing Laws, Affordable Housing Commercial Development Impact Fee, Home Occupation Business Permit Requirements, Transportation Demand Management (Chapter 6), Historic Preservation Ordinances, Community Plan Historic Contexts, and Preservation Element. Los Angeles, CA 90025 December 29, 2020 The CSCDA Community Improvement Authority is pleased to announce the issuance of $116,825,000 in tax-exempt Essential Housing Revenue Bonds to acquire the CTR City Apartments, located in Anaheim, California. Since its inception, CSCDA has financed the construction or preservation of nearly 100,000 affordable units throughout California. Waterford Place AnnouncementLINK TO THE PROPERTY. Housing Section 8 Program | City of Glendale, CA Catalyst Housing Group, in partnership with California Community Housing Agency (CalCHA), has completed the acquisition of two Southern California multifamily communities and one. 323-549-5225, Los Angeles Business Journal | Website by Web Publisher PRO. In addition, the Housing Authority administers a total of approximately 1,500 vouchers from other housing authorities under the program of Portability. As a mayor and advocate for affordable housing, I am looking forward to seeing this approach take shape in Glendale, City Councilmember Vrej Agajanian, who was mayor of Glendale at the time of the sale, said in a statement.Current Glendale Mayor Paula Devine added that rent has outpaced income, which has been felt by low-income and middle-income households.This model emphasizes good, practical ideas to help protect a part of our existing population who cannot afford rent, but do not qualify for assistance, she said in a statement.Next on Lex and the Brio arent the only recent sales in L.A. County where the owner is seeking to provide middle-income housing.Waterford Property Co. and the California Statewide Communities Development Authority recently purchased a 216-unit luxury apartment community in Long Beach for $120 million. Catalyst Housing Group acts as an asset manager for the agency.The Next on Lex and Brio acquisitions represent Catalysts expansion into Southern California. CSCDA CIA operates the largest workforce housing program in California and has acquired and converted more than 7,700 units for low- and middle-income tenants. Founded in 1989 with support from the Federal Reserve Bank of San Francisco and major banks throughout California, CCRC is Californias premier multifamily affordable housing lender; responding to Californias statewide affordable housing crisis is our business. In addition to multifamily units, it has a central courtyard with a pool, park and barbecue area; a two-story fitness center, yoga studio; club room; and dog run. The Glendale Housing Authority is authorized for 1,592 Section 8 Vouchers. 11150 Santa Monica Boulevard, Suite 350 1818 Apartments AnnouncementLINK TO THE PROPERTY. Catalyst is focused on affordably and sustainably housing our essential middle-income workforce, Jordan Moss, founder of Catalyst Housing Group, said in a statement.He added that the acquisitions would provide residents with rent-restricted housing and protect people from being displaced.We are excited to take this step and increase housing opportunities for middle-income households. Catalyst, CalCHA Buy 3 California Properties for $525M It was sold by Sequoia Equities Inc.CCHA is a state agency that was established in 2019. Catalyst and CalCHA Add 1,000+ Units of Essential HousingWorth >$525MM Ascencia | Lifting People Out of Homelessness /PRNewswire/ -- Catalyst Housing Group is expanding its transformative middle-income Essential Housing model across the state, with the acquisition of two. CSCDA CIA Westgate Phase 1 AnnouncementLINK TO THE PROPERTY. CSCDA CIA Towne at Glendale AnnouncementLINK TO THE PROPERTY. Catalyst and CalCHA Add 1,000+ Units of Essential Housing, Expand to September 21, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $240,010,000 in tax-exempt Essential Housing Revenue Bonds to acquire Cameo Apartments and The Garrison Apartments, both located in Orange, California. Northern California. The property, named the Oceanaire, is located at 150 W. Ocean Blvd.Waterford and the CSCDA plan to convert the complex into middle-income housing, with Waterford serving as the property administrator.Its part of a workforce housing finance program that CSCDA started last year. Workforce housing projects in Glendale and Pasadena funded through Cal Cities-sponsored bond agencys new program, Governance, Transparency, and Labor Relations, Housing, Community, and Economic Development, Transportation, Communications, and Public Works, City Clerks New Law and Elections Seminar, Lesbian Gay Bisexual Transgender Queer (LGBTQ) Caucus. FOR INTERESTED TENANTS, A LIST OF PARTICIPATING PROPERTIES ARE LOCATED UNDER CIA PROJECTS. Peter Zovak oversees CDD's Housing Division and the Neighborhood Services Section. Imagine waking up every day to a gorgeous mountain and city view to downtown LA from your master bedroom with a walk-in closet and remodeled bath with a skylight in the shower. All Rights Reserved. F: (916) 658-8240. December 28, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $202,120,000 in tax-exempt Essential Housing Revenue Bonds to acquire Rowan Apartments, Haven 76 Apartments and Alcove Apartments, located in Escondido, California. View more property details, sales history and Zestimate data on Zillow. CalCHA remits excess project cash flows and provides a purchase option to the local agency prior to bond termination. What's New | California Community Housing Agency - CalCHA Don't be a victim of scammers. October 20, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $157,390,000 in tax-exempt Essential Housing Revenue Bonds to acquire 1818 Platinum Triangle Apartments, located in Anaheim, California. Catalyst Housing Group (Catalyst)/California Community Housing Agency (CalCHA) Middle Income Housing Financing Program Chair Marquez asked Ma'Ayn Johnson, SCAG staff, to introduce Jordan Moss, CEO, Catalyst Housing . The program uses tax-exempt bonds to finance multifamily acquisitions. Sequoia Equities Sells Brio Apartments in Glendale - CoStar CalCHA is represented by and will rely on its municipal advisor GPM Municipal Advisors, LLC ("GPM") to provide advice on proposals from financial services firms concerning the issuance of municipal securities and municipal financial products. CSCDA CIA Escondido Portfolio AnnouncementLINK TO ROWANLINK TO HAVEN 76LINK TO ALCOVE.