ADDRESS:
84-471 Avenue 51
Coachella, CA 92236

COUNTY: Riverside

PROJECT DESCRIPTION:
Las Palmas and Amcal Multi-Housing, Inc., completed construction on a 61-unit affordable housing project in Coachella, California, in July 2006. The community is affordable to families earning between 30% - 60% of the area median income.

Amenities include a tot lot playground and community recreation room, which will provide a computer learning center as well as educational classes.

Casa La Paz is around the corner from Bagdouma Park, which offers the Coachella community center, swim complex, basketball courts, baseball and soccer fields. Within one-mile of the community is the local elementary school, grocery stores, employment training center and the public library.

PROPERTY MGMT: Solari Enterprises

FINANCING:
Tax Credit Equity Partner: AIG SunAmerica
Construction Lender: California Bank and Trust

Permanent Lender: California Community Reinvestment Corporation

UNIT MIX:

61 Units
21 – 2 bedroom ( 900 sq. ft.)
24 – 3 bedroom (1,050 sq. ft)
16 – 4 bedroom (1,200 sq. ft)

100% AFFORDABLE:
6 units - 30% AMI
6 units - 40% AMI
30 units - 50% AMI
18 units - 60% AMI

RESIDENT SERVICES: More Information

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