Portofino Villas consists of 174 senior affordable apartments accessed by elevators in a three-story, garden-style design.
The site is 4.7 acres at Garey Avenue and Phillip Boulevard in the suburban city of Pomona in eastern Los Angeles County.
The site is conveniently located a half-mile from City Hall and the MetroLink rail station in downtown Pomona. The landmark Jules Hugues Winery, which is planned for renovation, is nearby.
Financing is via 9% Low-Income Housing Tax Credit equity.
Occupancy began in 2005.
100% affordable:
18 units – 30% AMI
18 units – 40% AMI
86 units – 50% AMI
50 units – 60% AMI
2 units – Manager
2005
Senior
174
$17,105,000
AMCAL Multi-Housing
AMCAL General Contractors
Van Tilburg, Banvard and Soderbergh
$11,713,000
SunAmerica Affordable Housing Partners
$5,400,000
California Bank and Trust
$5,463,000
California Community Reinvestment Corp.
Foundation for Affordable Housing