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Lincoln and Orange Grove (2020)

Pasadena, CA

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NMTC Amount: $12,500,000

Est. Total Project Cost: $37,771,673

Community

Mixed-use

Mixed-use and Commercial

COMMUNITY IMPACT

This transaction will finance the construction of a 67,732 SF four-story mixed-use project in Pasadena, California that will include 22 low-income, 13 moderate-income, and 11 workforce housing units, 6,167 SF of commercial space, 3,850 SF of office space, a 380 SF community room, and 138 subterranean parking spaces. Low-income, moderate-income, and workforce units are available to buyers earning up to 80%, up to 120%, and up to 150% of the area median income, respectively.

Project Map