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Location:
At 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 and 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. |
