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TOWN SQUARE ROWHOMES Location:
In
the historic "Brick Row" neighborhood at 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.
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625 Broadway, Suite
1000 |
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619.235.2296
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