Rancho Santa Fe Village is a mixed use 120 unit affordable housing project in the city of San Marcos, CA. All units are restricted to affordable rents, and the community is equipped with first rate amenities for Active adults. The residents enjoy the sparkling pool located in the center of the property, and benefit from the convenience of on-site retail shops that include groceries, restaurants, a clothing store, a salon and medical care. Rancho Santa Fe Road has come alive with the addition of this striking structure and colorful center for the community to build around. Resourceful and practical design and energy efficient appliances are some the ways that Rancho Santa Fe Village is environmentally responsible and designed for the twenty first century. The 11,000 square feet of retail space on ground level is complemented by 72 2 bedrooms units and 48 1 bedroom units on three levels, all with easy access to elevators and the ample parking available on the property. Construction was completed on this 21 million dollar project in the fall of 2005 and has since converted to permanent financing on its tax exempt bonds. Visit their website at www.rsfvillage.com.
Grandon Village's doors opened to Low income tenants in 2004 and has since become a wonderful place for active seniors to reside. Tax exempt bonds issued by the city of San Marcos, coupled with an allocation of LIHTC have made this 22 million dollar project possible. The comfortable new community and affordable rents provide solution to the rising need for affordable housing for the 55 and over market. Residents enjoy the pool, grounds, and community room addition to easy access to the San Marcos Senior Center branch at Grandon Village. Enhanced Affordable development teamed up with the City of San Marcos to provide a location on the property for a senior center built to serve all seniors in the area. The 161 unit community is a made up of a mix of one and two bedroom units in five buildings spread on 4 acres of land. Visit their website at www.grandonvillage.com.
Las Flores Village, a 100 unit new construction development, is part of Enhanced Affordable Development’s Home ownership program. Financed with tax exempt bonds and 4% low income housing tax credits, it was completed in fall of 2006 and open to low-income families for rent. After the initial 15 year credit period, Low income residents will have the option to purchase their unit at affordable prices. Las Flores Village is an inclusionary housing project in connection with the construction of 236 Market rate Single family homes on an adjacent lot. The City of San Marcos and combined with Enhanced to produce Las Flores Village as the Affordable component of the site. The 3 bedrooms 2 bathroom townhome style units range from 962 to 1172 square feet, all equipped with a private two car garage and washer dryer hookups. Currently 100% occupied with a waiting list, these units have no comparison in the San Diego’s North County in combination of quality and affordable rents. Visit their website at www.lasfloresvillage.com.
a mixed use 80 unit affordable
housing project in the city
of Escondido. The
new construction project
features 78 3-bedroom
family units, 2 2-bedorom
units and 6500 square feet
of retail space on Escondido
Blvd. Las Venatnas
Village is filled with
state of the art amenities,
indoor parking for all tenants,
and is a model for premier
Austell Village Apartments is a 108 unit property located at 1899 Mulkey Road in Austell, Georgia. Situated within Cobb County, the property was originally constructed in 1990 and Enhanced Affordable Development concluded its acquisition of the property in August 2008. The project is set to complete a major interior and exterior rehabilitation of approximately $25,000 per unit in Spring 2009. Austell Village is comprised of 20 one-bedroom units, 68 two-bedroom units, and 20 three-bedroom units in 27 buildings spread out over 9 acres.
|4221 Wilshire Boulevard Suite 260, Los Angeles, CA 90010 | 323.634.0561|