ADDRESS:
6205 48th Avenue
Sacramento, CA 95828
(916) 424-4892
COUNTY: Sacramento
PROJECT DESCRIPTION:
Las Palmas partnered with AMCAL Multi-Housing Inc. to develop this 96-unit large family affordable housing project in Sacramento, California. The gated complex was completed in 2007 and is available to families earning between 30% – 60% of the area median income.
Sommerset Place is within walking distance of Southgate Recreation Park, which offers the Jose P. Rizal Community Center as well as four other nearby community centers. Activities provided at the centers include a swim complex, outdoor amphitheater; baseball, football and soccer fields.
The community is within walking distance of a full scale grocery store, Khah Hing Market and Saigon Pharmacy. The Will Wood Middle School and Molina Medical Center are located within 1 mile of the site.
AMENITIES INCLUDE:
Swimming Pool
Tot lot playground
Community recreation center
Computer learning center
Educational classes
PROPERTY MGMT: FPI Management
FINANCING:
Tax Credit Equity Partner: AIG SunAmerica
Construction Lender: Hanmi Bank
Permanent Lender: California Community Reinvestment Corp.
UNIT MIX:
96 units
Number of Units / Bedrooms / Unit Size
64 / 2 / 908 sq. ft.
32 / 3 / 1,058 sq. ft.
100% AFFORDABLE:
Number of Units / % AMI
10 / 30%
10 / 40%
47 / 50%
27 / 60%
2 Manager
RESIDENT SERVICES: More Information
