CMFA Issues $12,200,000 in Tax-Exempt Financing for Altrudy Lane Senior Apartments

The project will utilize sustainable building methods such as “low-E” windows, grass bio swales, filterra units, and solar panels to service common area electricity, water saving plumbing fixtures, formaldehyde-free insulation, and will vent all kitchen range hoods and bathroom fans to the exterior of the building. The construction is expected to begin April 2020 and be completed in July 2021. This financing will create 39 units of affordable housing for the City of Yorba Linda for the next 55 years.

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