Integra Property Group teamed with Hunt Capital Partners (HCP) for part two of an acquisition rehabilitation of the former Centennial Park in The Biggest Little City in the World, a $10.6 million upgrade that included $3.6 million in federal low income housing tax credits (LIHTCs) in the capital stack of the Rental Assistance Demonstration conversion.
A groundbreaking ceremony for the project is set for Tuesday, Aug. 23, at a time to be announced. The goal is to have the apartment complex completed by September 2023.
The California Housing Finance Agency has opened the 102-unit affordable Valencia Pointe in San Diego.
With new construction housing projects typically taking a couple of years to complete, CalHFA is now seeing some of the first projects to receive commitments, start to open up to residents – including Valencia Pointe. The 102-unit development held a Grand Opening event on June 22 in San Diego.
Fields on 15th is the result of a collaboration between Hunt Capital Partners, Prospect and CVS Health. A ribbon cutting for the development was held this week at the Fields on 15th site at 800 15th Ave.
Tory Hinton
21031 Ventura Blvd., Suite 604
Woodland Hills, California 91364
818-849-5114
tory@maizemarketing.com
15910 Ventura Boulevard, Suite 1100
Los Angeles, CA 91436
(818) 380-6100
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