St. Michael's Housing Development | Riverside, CA - Foundation Pour
Approximately 500 yards of concrete have been poured for the St. Michael's housing development. We couldn't make this significant progress without the great teams at Escher GuneWardena and Community Development Partners. Thank you to all partners and entities that brought this project together!
Located 60 miles east of Los Angeles, St. Michael’s Community Housing will be a 50-unit garden-style development featuring one- and two-bedroom units set aside for households earning between 30% and 80% of the area median income (AMI). The land will be leased from St. Michael’s Church.
“Riverside County’s lowest-income renters spend about 68% of their income on rent,” said Dana Mayo, executive managing director at Hunt Capital Partners. “We are pleased to invest in the development of St. Michaels Housing Community, which will provide multiple housing options for low-income families and help alleviate the cost burden of rising rents. We also thank the city and the state for their financial support of this development.”
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