By Steve Stockmar | YourValley
There’s more good news on the affordable housing front in Glendale.
Community Preservation Partners (CPP), an affordable housing developer, on Wednesday announced the acquisition of multifamily housing communities located in California, New Mexico and, in Arizona, in Glendale. The Glendale project, Bethany Glen, includes 25 single-story garden style residential buildings containing 150 one-, two- and three-bedroom units.
The units will be low income housing tax credit income-restricted to households earning at or below 50% area median income.
“Critical, high-quality, affordable housing is extremely important in these markets, and we are dedicated to helping ensure that communities are able to support residents who need more housing options,” Anand Kannan, CPP president, shared in a statement.
