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Pasadena, CA (2016)

Summit Grove

NMTC financing for the construction of 21 affordable homeownership units that replaced a nuisance liquor store at a blighted intersection in Pasadena.

Investment

  • NMTC Amount: $8,360,000
  • Total Project Cost: $12,249,563

IMPACT

  • 34 FTE jobs
  • 140 construction jobs

Investor

Project Description

Genesis LA provide NMTC financing for the construction of 21 affordable homeownership units that replaced a nuisance liquor store at a blighted intersection in Pasadena.

The property includes communal outdoor space; Tall ceilings and large windows; Private balconies; Close proximity to Old Town Pasadena; Secure parking garage

MAP

Address: 104-124 East Orange Grove Boulevard and 677 North Summit Avenue, Pasadena, CA 91103

Census Tract: 6037461901

Other California Projects

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