The CMFA issues $10,883,139 in Bonds to C&C Development for the Springville Apartments located in Camarillo, California
The Springville Apartments project is a new construction project of a 60-unit affordable multi-family rental housing facility. The project will be located on 2.5 acres in the Springville Master Plan community of Camarillo, California. The project will offer 59 units restricted to households with incomes no greater than 50-60% of the area median income. The financing of this project will result in providing affordable housing for 59 families in the City of Camarillo for 55 years.