today:
34
yesterday:
158
Total:
1,001,288

부동산

Affordable housing complex in Irvine

2020.08.06 04:28 Views : 313

More than 6,800 people recently signed up to be considered for an affordable housing complex in Irvine, indicating a grave need for more units in Orange County as more people are struggling financially due to the pandemic economy.

The prospective residents, most from Southern California, are seeking one of the 80 units of the Salerno property, located at Nightmist and Sand Canyon Avenue, a few blocks from the Great Park and 5 Freeway.

“There is not enough affordable housing in the state of California, let alone the country,” said Mark Asturias, executive director of the Irvine Community Land Trust. “The pandemic is causing a lot of people to lose their housing and they are looking for more affordable options.”

The property has been in development for years, spearheaded by the Irvine Community Land Trust, affordable housing provider and owner of the property.

Salerno is the first large-scale, multifamily development project the trust has broken ground on since spinning off from the city as a private nonprofit in 2017.

The complex was originally slated to open in December, but has been rescheduled to March 2021 due to construction delays from the COVID-19 pandemic.

Asturias said the 6,818 was by far the most people who have ever signed up for one of the trust’s complexes.

“This was an incredible show of interest that highlights just how strong the demand is for affordable housing in Irvine and all of California,” Asturias said.

The trust currently oversees three affordable housing complexes, with about 350 units. Salerno will be the trust’s fourth affordable housing location.

The trust will break ground on a housing complex for moderate-income families later this year called Native Spring.

There are currently about 1,000 affordable housing units in development in Irvine. Irvine has about 4,600 affordable housing units.

Based on a marketing requirement from the city, the trust advertised the complex from May to mid-July. An interest list was generated randomly by a computer, assigning a number to each name.

The trust will now begin contacting people on the list to make sure they fit the requirements.

Of the total units, 35 will be available for individuals earning less than 30% of the area’s median household income, which was $95,573 in 2017. That will include 15 units for veterans, 10 for the developmentally disabled and 10 for families at risk of homelessness.

Another 34 units will be available for individuals earning less than half the area’s median income, and 10 will be available for those earning less than 80%.

The property will include one-, two- and three-bedroom units, each with their own private balcony or patio, as well as a washer and dryer. Monthly rent will be as low as $550 for a one-bedroom, $625 for a two-bedroom and $695 for a three-bedroom.

No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2075
Notice 부동산 용어 (A to Z) 2019.03.03 1321
380 Mandatory Broker Courses 2019.02.28 53
379 Elective Broker Courses 2019.02.28 77
378 Chapter 2 Conclusion 2019.03.01 135
377 Chapter 2 Test 2019.03.01 226
376 Exam Essentials 2019.03.01 135
375 Chapter 3 TEST 2019.03.02 276
374 Chapter 3 TEST (2nd) 2019.03.02 184
373 Chapter 4 - TEST 2019.03.02 140
372 TEST 4 - Correction 2019.03.02 138
371 What Is Land? 2019.03.02 65
370 Rights in Real Estate 2019.03.02 67
369 Economic and Physical Characteristics of Land 2019.03.02 1698
368 Personal vs. Real Property 2019.03.02 77
367 Fixtures and Appurtenances 2019.03.02 1004
366 Trade Fixtures 2019.03.02 69
365 Zoning Laws and Building Codes 2019.03.02 77
364 Environmental Regulation 2019.03.02 60
363 Eminent Domain and Condemnation 2019.03.02 45
362 Water Rights 2019.03.02 53
361 Water Information and Air Rights 2019.03.02 65
360 Water Information and Air Rights 2019.03.02 82
359 Apartment Ownership - Cooperatives 2019.03.02 65
358 Condominium Ownership and Time Shares 2019.03.02 59
357 Chapter 5 Conclusion 2019.03.02 81
356 TEST 5 - Correction 2019.03.02 221
355 Chapter 6 Quiz 2019.03.04 405
354 Chapter 7 (TEST) 2019.03.04 122
353 warranty deed 여섯 가지의 covenant 2019.03.04 59
352 DEED 2019.03.04 58