427 Coutin Ln , Glendale, CA 91206-3104 is a single-family home listed for-sale at $1,599,000. CalCHA issues governmental purpose bonds for the purpose of financing projects that provide, preserve and support affordable local housing for low-income, moderate-income and middle-income families and individuals. 2022 Events; Event Recaps; Past Events; Custom Content. Catalyst Housing Group acts as an asset manager for the agency.The Next on Lex and Brio acquisitions represent Catalysts expansion into Southern California. Government Departments Community Development Housing. All Rights Reserved. DO NOT believe that Section 8 assistance can be purchased on the street from strangers. 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. At least two other recently built properties sold this year to state-funded investors for workforce housing conversions. Working as a team, we can remove ineligibleindividuals from receiving government assistancefraudulently. Glendale, CA 91206 Waterford Property bought the Oceanaire complex in Long Beach in March with the help of tax-exempt bonds from the California Statewide Communities Development Authority. Glendale Multifamily Property Sells for $290 Million CalCHA works effectively and efficiently to satisfy the requirements of the government approval process. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com. The transactions, completed in partnership with the California Community Housing Agency ("CalCHA"), will permanently transition the currently market-rate properties into rent-restricted housing . FOR INTERESTED TENANTS, A LIST OF PARTICIPATING PROPERTIES ARE LOCATED UNDER CIA PROJECTS. /PRNewswire/ -- Catalyst Housing Group is expanding its transformative middle-income Essential Housing model across the state, with the acquisition of two. Recognized as a leader in the state in these programs, CCRC has an experienced staff to meet the needs of its investor banks, developers and those communities we serve. Adjacent Vacant Lot with usable flat land included, Huge Views, Extensively remodeled 1920s craftsmen in one of the best neighborhoods in Glendale, Montectio Park. 633 E. Broadway, Room 201 . 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. MEETING DATE: March 10, 2021 - Granicus 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. Los Angeles, CA 90025 An affordable housing property has been acquired for middle-income residents in the city of Glendale from the issuance of more than $339 million in tax-exempt bonds through the California Statewide Communities Development Authority's (CSCDA) new Workforce Housing Program. 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. 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. Government Departments Community Development. Catalyst and CalCHA Add 1,000+ Units of Essential Housing Worth >$525MM Suspiciousactivity can be reported to our office for investigation. DO NOT release personal financial information to strangers promising to provide Section 8. Unfortunately, workforce housing for the missing middle is not eligible for tax credits, private activity bonds or most other federal, state or local government subsidies. Sequoia Equities Sells Brio Apartments in Glendale - CoStar The deal is California Community's second recent acquisition in Glendale. The state-funded California Community Housing Agency bought the development at 275 W. Lexington Drive. 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).
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