The CMFA issues $5,500,000 in Bonds to Pacific West Companies, Inc. for the Arroyo Del Camino Apartments located in Avenal, California
The Arroyo Del Camino Apartments is a new construction project located on a 2.82-acre portion of vacant land located on the NE corner of Corcoran Avenue and Kern Street. The Project will target families earning up to 50% of area median income. This development will provide the City of Avenal with 40 much needed units of affordable housing for the next 55 years.