Parkview Financial is developing a 100% affordable workforce housing project at 12750 Moorpark Street in Studio City.
Parkview Financial is moving forward with a new 100% affordable workforce housing development located at 12750 Moorpark Street in the Studio City neighborhood of Los Angeles. The project, which utilizes the city's Executive Directive 1 (ED1) policy to expedite the approval of affordable housing, is currently in the planning stage.
Mayor Karen Bass and Parkview Financial CEO Paul Rahimian have highlighted the development as a key effort to address local housing affordability. The site is slated to provide residential units exclusively for the workforce, further contributing to the city's ongoing initiatives to streamline the production of deed-restricted housing.
Developers have filed updated plans for a residential project at 1728 Larkin Street in the Nob Hill neighborhood of San Francisco.
Hudson Valley Property Group acquires the 288-unit Mosa Apartment Homes in Elk Grove for $84 million.
Eden Housing completes Mitchell Park Place, a 50-unit affordable housing community in Palo Alto featuring supportive services for adults with disabilities.
Walker & Dunlop arranges a $101.5M HUD Section 223(f) refinancing for the 312-unit Enclave Heritage Flats multifamily community in Chula Vista.
Brookfield Properties secures Concord City Council approval for a massive 12,000-unit redevelopment of the former Concord Naval Weapons Station.
Terra Capital secures a construction permit for a 1740 North Wilton Place multifamily project in Los Angeles.
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