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The CMFA Assists USA Properties on a $41,850,000 Tax-Exempt Bond Financing in Aliso Viejo, CA

Nov 9, 2016

The Liberty at Aliso Apartments is a new construction 200-unit affordable multi-family housing development. The project will consist of a four-story building with an elevator and podium parking. There will be courtyards, green area and a swimming pool for the residents. The main entrance to the building off of Liberty features a 3,450 SF community center with a leasing and management office, activity area, full kitchen, computer lab, laundry facilities, mail room, pet washing, and restroom facilities. The project will accommodate families with unit sizes of one- and two-bedrooms located at 4 Liberty, Aliso Viejo, CA. This financing will create 198 units of affordable housing for the City of Aliso Viejo for 55 years.

Mission Village Apartments Project to Los Angeles’ Low Income Residents

Nov 4, 2016

The Mission Village Apartments is an acquisition rehabilitation of an 84-unit, affordable multi-family housing development. Barker Management, Inc., plans to rehabilitate the project consisting of one building of senior-restricted units, five buildings containing family units and 106 surface parking spaces. The 84 units (34 senior-restricted one-bedroom units, 6 two-bedroom family units and 43 three-bedroom family units) will all be restricted to households making no more than 50% and 60% of Area Median Income with the exception of one unit that will be used as the manager’s units. The project is located at 4001 N. Mission Road, Los Angeles, California. This financing will continue to preserve 83 units of affordable housing in the City of Los Angeles for the next 55 years.

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