Provided below is a brief summary of some of the new construction of affordable housing projects that have been funded by the Orange Redevelopment Agency: (For more information, please contact Mary Ellen Laster, Senior Housing Manager.)
RENTAL:
Villa Modena
During FY 2001-2002, the Agency provided funds to OHDC for the land acquisition and construction of this project located at 4431 East Marmon Avenue. The five-unit Villa Modena project, completed in Spring 2002, consists of two, two-bedroom units and three, three-bedroom units that will remain affordable to very low-income small and large families for 55 years.
Harmony Creek Apartments
In 1996-97, the City Council approved funding for the development of the Harmony Creek Apartments, an 83-unit senior apartment community which consists of 66 one-bedroom units and 17 two-bedroom units.
In return for the City's financial participation, 41 of the units will be maintained at affordable rent levels for very low income seniors during a 55-year period. Although no Housing Set-Aside funds were provided for the project, by agreement the Agency will be the beneficiary of the affordability covenants.
Alice Clark Senior Apartments
In 1995-96, the Agency allocated $283,930 in Housing Set-Aside funding to OHDC for the construction of the Alice Clark Senior Apartments. The development of three one-bedroom units and one two-bedroom unit improved the appearance of the neighborhood while providing affordable senior housing. Residents benefit from the development's close proximity to public transportation and services.
In return for the Agency's financial assistance, all of the units in the fourplex will remain affordable for a 55-year period to seniors whose incomes do not exceed 50 percent of the County's median income. Although not required by the Agreement, OHDC targets households with incomes not exceeding 45 percent of the median income to ensure that seniors with the greatest need are assisted.
Stonegate Senior Apartments
In FY 2000-01, the Agency committed $1.36 million in Housing Set-Aside funds to Urban Pacific Partners II, LP, who is partnering with OHDC to develop a 20-unit affordable senior housing project at 170 North Prospect Street. The project was also being funded through state tax credits and supplemental private funding. The project was completed in 2003. Nineteen of the units are affordable to very low and lower-income seniors for 55 years. In addition to this project, the North Prospect neighborhood has experienced several exciting improvements in recent years including the rehabilitation of the The Knolls apartments, the renovation of the Stater Brothers shopping center, and the construction of Grijalva Park.
La Veta/Rotary Senior Apartments
During FY 2002-03, the Agency and City Council approved an agreement with Orange Housing Development Corporation (OHDC) to provide a Housing Set-Aside and federal HOME Investment Partnerships Act (HOME) loan for the construction of an affordable, six-unit senior project on an Agency-owned site. OHDC partnered with the Rotary Club of Orange to develop the project, which is located on West La Veta Avenue between Lemon Street and Olive Street. The Rotary Club committed to provide building materials and in-kind services in support of the project. The project was completed in 2004.
OWNERSHIP:
Manchester Walk
In FY 2005-06, plans were approved to construct an 18-unit for-sale townhome project on a former fire station site at the northwest corner of Manchester Street and Compton Avenue in west Orange. Nine of the units will be made available to moderate income households. Construction is scheduled for completion in early 2007.
