ADDRESS:
668 S. Comanche Drive
Arvin, CA 93203
(661) 854-2433
COUNTY: Kern
PROJECT DESCRIPTION:
Las Palmas and Payne Development Corporation completed the construction of a 61 unit 9% tax credit family apartment complex in Arvin, California, in April 2006. The community is affordable to families earning between 30% – 60% of the area median income.
Summerset offers the following amenities: multi-purpose community room, swimming pool, barbeque area, tot lot playground, and computer learning center.
The community of Summerset Apartments is located next door to Bear Mountain Elementary School.
PROPERTY MGMT: WRMC
FINANCING:
Tax Credit Equity Investor: The Richman Group
Construction and Permanent Lender: Citibank
UNIT MIX:
61 3-bedroom (1,025 Sq. Ft.)
100% AFFORDABLE:
6 units – 30% AMI
15 units – 50%
33 units – 55%
9 units – 60%
RESIDENT SERVICES: More Information
