California Community

Serenity Villas, Pomona - Los Angeles Co.

Serenity Villas is a 174-unit senior affordable housing development on 3.9 acres at Garey and Bonita Avenues in Pomona, a suburban city in the San Gabriel Valley in Los Angeles County.

The development is three levels of Type V wood construction with elevators.

On-grade parking of 112 spaces with security gates is provided.

Financing is via 4% tax-exempt bonds.

Occupancy began in 2002.

Project Bond:
$7,800,000 FNMA / ARCS

100% affordable:
18 units – 50% AMI
155 units – 60% AMI
1 unit – Manager

Year Built

2002

Type

Senior

No. Units

174

Total Cost

$14,400,000

Developer

AMCAL Multi-Housing

Contractor

AMCAL General Contractors

Architect

Van Tilburg, Banvard and Soderbergh

Financing

Equity

$5,138,000
JER Hudson

Construction

Permanent

Agency

$1,000,000
County of Los Angeles - City of Industry

Non-Profit