Town Square Rowhomes
Location:
101-111 W Ninth St
National City, California
Project Description:
New construction project of 6 detached homes. The units are approximately 1,500 square feet, three bedrooms and three baths. Each unit is a three-story neo-Victorian design that includes a large room for that can be used as a ground-level business or bedroom (with adjacent full bath), The other two stories consist of living space and two bedrooms and two baths. Sold to families earning approximately 90% area median income. Two units are income restricted at 120% area median income. The development is in the Redevelopment Area of National City, and is consistent with the objective of the City's Redevelopment Plan - to promote home ownership.
Background & Status:
Started -- July 2001, Completed -- May 2002. The property was developed by Town Square Rowhomes, LLC.
Financing Sources:
Low-Income Housing Fund and the National City Community Development Commission, with conventional take-out financing being offered to the homeowners through Wells Fargo Bank.