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In addition, the Housing Authority administers a total of approximately 1,500 vouchers from other housing authorities under the program of Portability. 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. 1818 Apartments AnnouncementLINK TO THE PROPERTY. The projects will be converted to rent-restricted units for low and middle-income tenants. /PRNewswire/ -- Catalyst Housing Group is expanding its transformative middle-income Essential Housing model across the state, with the acquisition of two. CCRC has worked with for-profit and non-profit developers throughout California to increase the supply of affordable housing. Households are enrolled into the program from the Section 8 Waiting List. Sacramento, CA 95814, P: Catalyst Housing Group, in partnership with California Community Housing Agency (CalCHA), has completed the acquisition of two Southern California multifamily communities and one. Ascencia has provided housing and services to over 12,000 homeless individuals and families since 2006. Glendale Multifamily Property Sells for $290 Million The California Community Housing Agency ("CalCHA") is a joint powers authority created in January 2019 to provide, preserve, protect and support middle-income housing production . 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 June 15, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $385,985,000 in tax-exempt Essential Housing Revenue Bonds to acquire Westgate Apartments and The Hudson Apartments, both located in Pasadena, California. 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. It was built in 2019 by local developer Century West Partners.The California Community Housing Agency also recently purchased the Brio apartments in Glendale for $110 million.The Brio complex, located at 546 W. Colorado St., has 205 units and was built in 2013. 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. View more property details, sales history and Zestimate data on Zillow. The Glendale Housing Authority is authorized for 1,592 Section 8 Vouchers. Cypress Equity Sells Glendale Apartments For $300M - The Real Deal Los CCRC will improve outcomes for low-income families, seniors and residents with special needs throughout California by facilitating private capital flow from our investors using a housing first model. Sitting between the living room and the fully updated kitchen is the formal dining room with a view and passthroughs opening up the space. February 9, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $181,010,000 in tax-exempt Essential Housing Revenue Bonds to acquire Parallel Apartments, located in Anaheim, California. Chula Vista, County of Marin, Glendale Housing 2021-03-10 Item #10A Page 2 of 39. 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. 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. Homeless 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. 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. CSCDA CIA Crescent AnnouncementLINK TO THE PROPERTY. PDF Agenda - Tuesday, May 10, 2022 - Palo Alto, California The City does not fund the Section 8 program. CalCHA partners with Catalyst Housing Group, LLC and issues $179M to acquire Aster in Dublin, CA Read more Apr 23 2021 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. 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. 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. Since its inception, CSCDA has financed the construction or preservation of nearly 100,000 affordable units throughout California. August 31, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $235,000,000 in tax-exempt Essential Housing Revenue Bonds to acquire Waterford Place Apartments, located in Dublin, California. The program uses tax-exempt bonds to finance multifamily acquisitions. Glendale Apartment Complex Sells for $300 Million 633 E. Broadway, Room 201 . Affordable housing is typically financed with tax-exempt private activity bonds and low-income housing tax credits, but these subsidies are limited to projects that restrict units for residents earning less than 60% of the area median income (AMI) (in certain cases up to 80% AMI). 323-549-5225, Los Angeles Business Journal | Website by Web Publisher PRO. The adjacent lot, included in the sale, provides plenty of flat land to expand the yard, install a pool, or perhaps build another home. Article | California Community Housing Agency - CalCHA California Los Angeles County Glendale Glendale Real Estate Facts Home Values By City Glendale Homes for Sale $1,077,985 Los Angeles Homes for Sale $901,291 Pasadena Homes for Sale $1,066,851 East Los Angeles Homes for Sale $623,218 Burbank Homes for Sale $1,093,195 Alhambra Homes for Sale $847,364 Arcadia Homes for Sale $1,254,855 CCRC will become the premier provider of capital serving the needs of low-income residents and communities. F: (916) 658-8240. CSCDA CIA 777 Place AnnouncementLINK TO THE PROPERTY. The. CSCDA CIA Escondido Portfolio AnnouncementLINK TO ROWANLINK TO HAVEN 76LINK TO ALCOVE. All Rights Reserved. 141 N. Glendale Ave., Ste. Catalyst Housing Group, California Community Housing Agency, CalCHA, Northern California, Southern California, Glendale, Santa Rosa, Livermore, Hayward, Larkspur . Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. 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. Catalyst and CalCHA Add 1,000+ Units of Essential Housing Worth >$525MM To speak with a Relationship Manager, please call 818 550-9800. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com. October 21, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $134,605,000 in tax-exempt Essential Housing Revenue Bonds to acquire Acacia Apartments, located in Santa Rosa, California. The City of Glendale is not distributing applications and the City of Glendale is not accepting applications, Mailed applications must be postmarked by 5/14/23, The first 300 age eligible applicants will be entered into a lottery and added to the waitlist. Proposals may be addressed to CalCHA, care of any of the Program Administrators listed on CalCHAsContact Uspage. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com. Glendale has seen interest from other property owners as well.Brentwood-based JRK Property Holdings Inc. acquired Harrison Glendale, a 164-unit luxury apartment complex, for $90.7 million, earlier this year.The complex is located at 318 W. Wilson Ave., one block from the Glendale Galleria and The Americana at Brand shopping centers.The Harrison was 96% leased at closing. Additionally, no existing tenants are displaced under the program. Catalyst and CalCHA Add 1,000+ Units of Essential Housing, Expand to Ascencia | Lifting People Out of Homelessness Devine, Paula Glendale District 42 1. 100 West Broadway, Suite 1000, Glendale, CA 91210 Tel:818.550.9800 Fax:818.550.9806 www.e-ccrc.org. The California Community Housing Agency also recently purchased the Brio apartments in Glendale for $110 million. Jefferson Apartments AnnouncementLINK TO PROPERTY. Applications will only be accepted by Glendale Silvercrest Residences. 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. She previously covered real estate for the Los Angeles Business Journal. The transactions, completed in partnership with the California Community Housing Agency ("CalCHA"), will permanently transition the currently market-rate properties into rent-restricted housing . PLEASE CONTACT THE PROPERTY MANAGER FOR LEASING INFORMATION PDF Community, Economic and Human Development Committee June 3, 2021 Workforce housing project in Glendale funded through Cal Cities 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. 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. It weakens the public trust and confidence, and prevents the HousingAuthority from assisting eligible families. 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. By publicly posting the following written disclosure, the California Community Housing Agency ("CalCHA") intends that market participants receive and use it for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule. CSCDA CIA Park Crossing AnnouncementLINK TO THE PROPERTY. Catalyst and CalCHA Add 1,000+ Units of Essential HousingWorth >$525MM 202 CSCDA CIA Towne at Glendale AnnouncementLINK TO THE PROPERTY. April 21, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $339,400,000 in tax-exempt Essential Housing Revenue Bonds to acquire Altana Apartments, located in Glendale, California. CSCDA CIA Westgate Phase 1 AnnouncementLINK TO THE PROPERTY. In total, the Housing Authority services over 3,000 vouchers consisting of low income, disabled, or elderly households. The California Community Housing Agency (CalCHA)4is the State's first public agency focused exclusively on the production, preservation, and protection of middle-income housing. This certificate may be relied upon until July 1, 2025. DO NOT release personal financial information to strangers promising to provide Section 8. Northern California. Catalyst Housing Group acts as an asset manager for the agency.The Next on Lex and Brio acquisitions represent Catalysts expansion into Southern California. The CSCDA Community Improvement Authority (CSCDA CIA), an affiliate joint powers authority, acquires public benefit oriented capital projects through the issuance of tax-exempt governmental purpose bonds. Sequoia Equities Sells Brio Apartments in Glendale - CoStar CDD Administration | City of Glendale, CA - Glendale, California Glendale's Multifamily Moment - San Fernando Valley Business Journal The transactions, completed in partnership with the California Community Housing Agency ("CalCHA"), . DO NOT pay money in exchange for the promise of Section 8 assistance. The property is 92 percent leased. The Glendale Housing Authority receives funding from HUD on an annual basis to pay for rental assistance subsidies on behalf of lower income clients. The state-funded California Community Housing Agency bought the development at 275 W. Lexington Drive. (916) 658-8200 CSCDA CIA Monterey Station AnnouncementLINK TO THE PROPERTY. 1400 K Street, Suite 400 HOME Contacts: California - Affordable Housing - CPD About CCRC | CCRC Union South Bay AnnouncementLINK TO PROPERTY. CalCHA is governed by the Kings County Board of Supervisors and requires local government oversight and approval for financings to ensure accountability and transparency. Glendale, CA 205 units . The "Essential Housing" model has already created over 2,000 affordable rent-restricted rental units. California Community Housing Agency - CalCHA 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. Suspiciousactivity can be reported to our office for investigation. Catalyst and CalCHA Add 1,000+ Units of Essential Housing, Expand to Locally, the two purchased a 216-unit luxury apartment community in Long Beach for $120 million earlier this year.The property, dubbed the Oceanaire, is at 150 W. Ocean Blvd. November 30, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $207,415,000 in tax-exempt Essential Housing Revenue Bonds to acquire 777 Place Apartments, located in Pomona, 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") is a political subdivision of the State of California established by Kings County and the Housing Authority of Kings County, California under the Joint Exercise of Powers Act. "Workforce housing" projects dominate LA County's biggest - GPAM Government Departments Community Development. From the guest chefs who prepare and serve hot meals . CalCHA has retained an independent registered municipal advisor. PDF Viewing Instructions - cdiacdocs.sto.ca.gov Cypress Equity bought Next on Lex from Century West Partners, which completed the project in 2019. The Glendale Housing Authority receives funding from HUD on an annual basis to pay for rental assistance subsidies on behalf of lower income clients. Valley 200 - 2022; Valley 200 Archive; Events. Next on Lex Glendale, CA 494 Units. 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. Dubbed Altana, the Central Avenue property is the fourth and largest community acquired as part of CSCDAs middle-income housing program. 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. Waterford Property Co. and the California Statewide Communities Development Authority have purchased a 507-unit luxury multifamily community in Glendale for $300 million.The new owners plan to convert the property at 633 N. Central Ave. into middle-income housing for tenants making between 80% and 120% of the areas median income.Were providing a housing solution for California cities, Sean Rawson, co-founder of Waterford Property Co., said in a statement. Our Access Center located at 1851 Tyburn Street in Glendale, California is the heart of our organization. We provide immediately funded loan programs for acquisition; intermediate programs that provide acquisition, rehabilitation and permanent financing for existing housing stock in need of repair; and forward commitment programs for planned new construction. 141 N. Glendale Ave.,Ste. Section 8 is a FREE federal program and it is illegal to sell vouchers. 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. The Lists; Real Estate; Health Care; Tech; Finance; Manufacturing; Special Editions. CCRC Vision 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 2022 Events; Event Recaps; Past Events; Custom Content. Backed by most of the major retail banks operating in California, we deliver the products, services and technical assistance that have made us the lender of choice of Californias affordable housing development community. ft. home is a 3 bed, 2.0 bath property. Entertaining in the back yard is easy with large patios, privacy and of course gorgeous views. Sacramento, CA 95814, P: CSCDA CIA Theo AnnouncementLINK TO THE PROPERTY. Were excited about what this means for Glendale as it helps provide more diversity to the citys housing stock, John Drachman, co-founder of Waterford Property Co., said in a statement.Eastdil Secureds Joseph Smolen, Geoff Boler and Lee Redmond represented Waterford and CSCDA in the transaction.Its been a hot market for multifamily sales in Glendale where large properties such as Next on Lex, the Brio and the Harrison Glendale have sold this year.Next on Lex is a 494-unit multifamily with 8,000 square feet of ground-floor retail located at 275 W. Lexington Drive. To speak with a Relationship Manager, please call 818 550-9800. CalCHA works effectively and efficiently to satisfy the requirements of the government approval process. California Department of Housing and Community Development | California 11150 Santa Monica Boulevard, Suite 350 8:00 AM to 5:00 PM, WEBSITE DESIGN BY GRANICUS - Connecting People and Government. State of California Department of Housing and Community Development 2020 W. El Camino Ave., Suite 500 Sacramento, CA 95833 Phone: (916) 263-0256 Email Website Cities City of Alhambra Ms. Jessica Binnquist, Assistant City Manager 111 S. First St. Alhambra, CA 91801-3702 Phone: (626) 570-5011 Fax: (626) 281-2248 City of Anaheim F: (916) 658-8240. Public agencies have gobbled up residential units in Glendale to create workforce housing. 427 Coutin Ln, Glendale, CA 91206 | MLS #SB23071382 | Zillow Waterford Property Co. and the California Statewide Communities Development Authority have purchased a 507-unit luxury multifamily community in Glendale for $300 million. December 14, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $113,950,000 in tax-exempt Essential Housing Revenue Bonds to acquire Park Crossing Apartments, located in Fairfield, California. To report fraud anonymously, contact the Glendale Section 8 Fraud Hotline at (818) 548-6442 orvia email at: section8fraud@glendaleca.gov. These projects continue to be very successful both in terms of design and operations. June 9, 2021 The CSCDA Community Improvement Authority is pleased to announce the issuance of $215,685,000 in tax-exempt Essential Housing Revenue Bonds to acquire Union South Bay Apartments, located in Carson, California. Working as a team, we can remove ineligibleindividuals from receiving government assistancefraudulently. Government Departments Community Development Housing. CSCDA CIA Wood Creek AnnouncementLINK TO THE PROPERTY. The deal is California Community's second recent acquisition in Glendale. The California Community Housing Agency, a state agency which is also focused on middle-income housing, purchased the property from Cypress Equity Investments.The agency also recently purchased the 205-unit Brio apartments at 546 W. Colorado St. for $110 million from Sequoia Equities Inc.Brentwood-based JRK Property Holdings Inc. acquired the 164-unit Harrison Glendale at 318 W. Wilson Ave. for $90.7 million this year. At least two other recently built properties sold this year to state-funded investors for workforce housing conversions. The City actively pursues allegations of fraud. The Glendale Housing Authority has supported the development of numerous affordable housing projects using affordable housing funding, since its inception in 1975. Originally, over 12,500 households applied for the program;to date, approximately 2,300 remain on the Waiting List. Soua Vang Deputy Directory of Community Development/Economic Development. 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. Don't be a victim of scammers. The state-funded California Community Housing Agency bought the development at 275 W. Lexington Drive. 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. FOR INTERESTED TENANTS, A LIST OF PARTICIPATING PROPERTIES ARE LOCATED UNDER CIA PROJECTS. 323-549-5225, Los Angeles Business Journal | Website by Web Publisher PRO. 3200 Menlo Dr, Glendale, CA 91208 | MLS #PF23071435 | Zillow Copyright 2023, California Community Housing Agency. The type of housing is meant to fill a gap between high-priced market-rate homes and government subsidized low-income properties. Waterscape Apartments AnnouncementLINK TO THE PROPERTY. What's New | California Community Housing Agency - CalCHA
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