Palm Communities Unveils 50-Unit Affordable Housing Community High Demand Apartments Fully Leased Up Before Grand Opening
IRVINE, Calif.
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August 10, 2021 11:15 AM Pacific Daylight Time
Palm Communities announces the grand opening of Cedar Glen II, an affordable housing community in Riverside, California, that will assist rent-burdened families and provide permanent supportive housing for special needs individuals. Palm’s affordable housing community supports Riverside County’s Housing First goals as an approach to successfully connect people experiencing homelessness to services and permanent housing.
“Preserving and increasing the quality of life for Riverside residents is one of my top priorities,” said Jim Perry Riverside City Council, Ward 6. “Strong public and private partnerships to provide affordable housing and services are imperative to reduce and prevent homelessness in the community. Permanent supportive housing options like Cedar Glen II is one way the city is investing in long-term infrastructure to support, improve and enrich the economic and social opportunities for Riverside residents.”
Cedar Glen II is the second phase of a broader affordable development community. It is the fifth community in which Palm Communities and Riverside County have partnered to provide permanent supportive housing in the area. Additionally, this is the first community in Western Riverside County to utilize “No Place Like Home” funds from the State of California, specifically targeting individuals and families who have been homeless.
“Restoring private-sector jobs, improving local infrastructure, and investing in affordable housing are ideal opportunities to increase economic development in Riverside,” said Kevin Jeffries, Riverside County Board of Supervisors, 1st District. “It is essential that quality permanent supportive housing opportunities are built to keep the positive trajectory of growth for our neighborhoods, businesses and families.”
Located at 9830 County Farm Road, the community offers one- and three-bedroom apartments. The service-enriched community includes a clubhouse, kitchen, free computer lab, tot-lot, basketball/futsal court, and a walking circuit with exercise equipment. Additionally, residents will have access to on-site case management and connectivity to other services in the community.
“California is experiencing an extreme shortage of nearly one million affordable rental housing units for low-income renters. Riverside is ramping up its efforts to meet this demand, and we are thankful to the Riverside City Council and the County Board of Supervisors for supporting the development of Cedar Glen,” said Dan Horn, President, Palm Communities. “Affordable housing is making a clear difference in the lives of our residents and improving the communities in which we build.”
Palm has been developing tax credit communities in Riverside County for nearly 40 years and has partnered with the county since 2010 to provide permanent supportive housing. Palm was also the first affordable housing developer to leverage the county’s Mental Health Services Act (MHSA) funds.
Cedar Glen II is leased up and will be fully occupied by August 2021. For more information about our properties and availability, please visit Our Communities!
About Palm Communities
Palm Communities is an affordable housing developer in California specializing in housing for families, seniors, and those with special needs. For over 41 years, and with nearly 2,000 multi-family units, Palm Communities builds and maintains strong collaborative relationships with public agency partners, business partners, lenders, and non-profits. Palm focuses on quality for generations and believes that affordable housing is one first step to provide residents with the best opportunity to improve their life outcomes.
Contact Details
Palm Communities
Lauren Horn
+1 760-285-4230
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