The CMFA Completes Financing for Community Housing Works
Community Housing Works has owned and developed affordable housing in the San Diego region for over 27 years. CHW selected the CMFA to assist them with the acquisition rehabilitation of Los Robles Apartments in the City of Vista. The 39 year-old apartment complex will continue to serve low and very low income residents. The apartments will receive many residential improvements including new kitchen cabinets, countertops, Energy Star appliances, bathroom appliances, interior flooring, hard-wired smoke detectors, new energy efficient windows, and a new roof. In addition, the planned photovoltaic solar system will provide domestic hot water and help further reduce energy costs for the tenants. The property serves very low, low and moderate income residents. With this acquisition the property affordability period will be extend for another 55 years.