CMFA issues $31,903,904 in Bonds to Bridge Housing Corporation for the Collage Park Apartments, Phase II located in Chino, California
The College Park II Apartments project is a new construction development that will be located adjacent to the Ivy at College Park Apartments that the CMFA issued bonds for in 2012. The project will be a 200-unit multi-family complex made up of garden style buildings with one-, two- and three-bedroom apartments. A total of 198 of the units will be restricted to households with incomes no greater than 50-60% of the area median income with two units set aside as manager’s units. The financing of this project will result in providing affordable housing for 198 families in the City of Chino for 55 years.