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The Partners with the CMFA on New Construction for Seniors in Duarte, CA

The recently partnered with the California Municipal Finance Authority on a tax-exempt financing. Proceeds will be used to construct an affordable housing complex that will be home to 42 seniors in the City of Duarte. The four-story wood framed building will be constructed using Green Building Standards. The be.groups hopes that by using these standards, the building will achieve a LEED certified level and future residents will enjoy lower energy costs. Upon completion the units will be restricted to tenants 62 years or older with incomes no greater than 50% of the area median income. The is committed to providing superior-quality communities and services for seniors of all backgrounds, ethnicities and spiritual beliefs.

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