California Community

Casa la Paz, Coachella Riverside County

Casa la Paz is a 61-unit affordable multi-family development adjacent to AMCAL’s Casa Grande community at Frederick and 51st Streets in the growing Coachella Valley.

The development has 2-, 3- and 4-bedroom units with 143 parking spaces. Design is two-story garden-style walk-up.

Amenities include a tot lot and community recreation room.

Financing is via an allocation of 9% Low-Income Housing Tax Credits in 2004.

Occupancy began in 2006.

100% affordable:
6 units – 30% AMI
6 units – 40% AMI
30 units – 50% AMI
18 units – 60% AMI
1 unit – Manager

Photos

Year Built

2006

Type

Family

No. Units

61

Total Cost

$10,500,000

Developer

AMCAL Multi-Housing

Contractor

AMCAL General Contractors

Architect

KTGY Group

Financing

Equity

$7,197,000
SunAmerica Affordable Housing Partners
$600,000
AMCAL Enterprises

Construction

$ 4,090,000
California Bank & Trust

Permanent

$ 2,652,000
California Community Reinvestment Corp.

Agency

Non-Profit

Las Palmas Foundation