Olivera Senior Apartments – New Ventures
Orange County Register
August 27, 2017
Integrity Housing in Irvine recently opened Olivera Senior Apartments, an affordable community in Pomona. The complex is fully occupied by 84 low-income seniors at 30 percent to 60 percent of the area median income. Five units were reserved for veterans with Veterans Affairs Supportive Housing (VASH) vouchers. Olivera was financed using 9 percent low-income housing tax credits and funding from the Federal Home Loan Bank Affordable Housing program. US Bank provided the construction loan; California Community Reinvestment Corp. provided the permanent loan, and City Real Estate Advisors is the tax credit equity partner. The project was designed by Irvine-based KTGY Architecture + Planning with MJS Landscape Architecture.