ADDRESS:
84-471 Avenue 51
Coachella, CA 92236
(760) 398-3487
COUNTY: Riverside
PROJECT DESCRIPTION:
Las Palmas and Amcal Multi-Housing, Inc. developed this 61-unit affordable housing project in Coachella, California. The complex was completed in July 2006. The community is available to families earning between 30% – 60% of the area median income.
Amenities include a pool, tot lot playground and community recreation room, which offers a computer learning center as well as educational classes.
Casa La Paz is around the corner from Bagdouma Park, which offers the Coachella community center, a swim complex, basketball courts, baseball fields and soccer fields. Within one-mile of the community are grocery stores, an elementary school, employment training center and public library.
PROPERTY MGMT: FPI Management Company
FINANCING:
Tax Credit Equity Partner: AIG SunAmerica
Construction Lender: California Bank and Trust
Permanent Lender: California Community Reinvestment Corporation
UNIT MIX:
61 Units
21 – 2 bedroom ( 900 sq. ft.)
24 – 3 bedroom (1,050 sq. ft)
16 – 4 bedroom (1,200 sq. ft)
100% AFFORDABLE:
6 units – 30% AMI
6 units – 40% AMI
30 units – 50% AMI
18 units – 60% AMI
RESIDENT SERVICES: More Information
