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Real estate news: Huntington Beach shopping center sells for $29 million
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City of Irvine Looks at Ditching Land Trust for a Housing Authority
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Irvine Affordable Housing Development to Offset Hot Housing Market
To meet a growing demand for housing in Orange County’s strong market, a new affordable housing development in Irvine is underway.
The Irvine Community Land Trust has almost completed its Salerno apartments, which are scheduled to open in March.
Located on the corner of Nightmist and Sand Canyon Avenue, the development will provide 80 units of affordable housing units for renters making no more than 50 percent of the area median income (AMI).
Half of these apartments will serve residents having extremely low income, veterans, individuals with developmental disabilities, and families in jeopardy of being homeless.
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