To meet a growing demand for housing in Orange County’s strong market, a new affordable housing development in Irvine is underway. The Irvine Community Land Trust has almost completed its Salerno Apartments, which is scheduled to open in March. Located on the corner of Nightmist and Sand Canyon Avenue, the development will provide 80 units of affordable housing units for renters making no more than 50 percent of the area median income (AMI). Half of these apartments will serve residents having extremely low income, veterans, individuals with developmental disabilities, and families at jeopardy of being homeless. Residents have already begun moving into the apartments. The Trust is opening an additional 68 townhome ownership units in January 2022 called Sage Park. It will be located north of Irvine Boulevard, will have 16 two-bedroom, 36 three-bedroom and 16 four-bedroom homes. Irvine Community Land Trust is a non-profit organization that partners with the City of Irvine, the land developer, the service provider and the school district to create affordable housing. Potential residents interested and qualified for …
Irvine Affordable Housing Development to Offset Hot Housing Market
January 29, 2021
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Affordable HousingCaliforniaHome saleshousing marketirvinelow incomeNY-Calreal estateSouthern CaliforniaUS
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