Affordable Housing Finance: Developers Complete Workforce Housing Community in Orange, Calif.

Affordable Housing Finance: Developers Complete Workforce Housing Community in Orange, Calif.
January 8, 2018 Joanna Rivas

Located in Orange, Calif., Lemon Grove Apartments features 82 apartments with rents affordable to working families earning 60% of the area median income and less. The community was built by the Orange Housing Development Corp. and C&C Development.A former industrial site has been transformed into the Lemon Grove Apartments, a workforce housing development, in Orange, Calif. Built by the Orange Housing Development Corp. and C&C Development, the community consists of 82 apartments for families earning between 30% and 60% of the area median income, starting at $537 a month for a family of four. Within walking distance of bus stops, retail stores, schools, and community parks, Lemon Grove was developed on the site of a 1965 industrial facility that was demolished for the new residential project. The development is adjacent to Citrus Grove, a 57-unit workforce housing property built by Orange Housing Development and C&C Development in 2010. The joint-venture partners say they are the largest providers and managers of affordable housing in the city of Orange. During the past two and a half decades, the partnership has built, and continues to own, 557 units of workforce housing in the city. Redevelopment of industrial and other nonresidential sites is a key provision in the city’s Housing Element.

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