Multi-Family Housing
Neighborhood Housing Services of Orange County Multifamily Housing
Program is about people. It’s about the rich diversity of ages,
races, ethnic backgrounds and incomes that define the character of
NHS OC properties and of Orange County. It’s about creating resident
leaders and after school programs for youth. It’s about friends and
family. It's about improving neighborhoods and communities through
positive development, management and leadership.
NHS OC currently owns and operates 100 affordable family apartments.
These include Walnut Village Apartments in Brea, 47 units; Garnet
Lane Apartments, 18 units and Franklin Avenue Apartments, 15 units,
in Fullerton, 18 units; Villa Camino Real, 12 units, and Grace
Avenue Apartments, 4 units, in La Habra. NHS OC also rents four
single-family homes to low-income working families.
In 2001, Neighborhood Housing Services of Orange County became a
member of the NeighborWorks® Multifamily Initiative. This
designation will help create financial and professional resources
resulting in capacity building strategies that focus on asset
management, resident leadership and services, and preservation and
development of housing. The NeighborWorks® Multifamily Initiative’s
goal is to improve services provided to residents by building
resident leadership programs and supporting the financial growth of
families, the academic success of their children, and the safety of
their neighborhoods.
Development
of multifamily and single-family residential housing will expand as
NHS OC’s resources and opportunities grow. NHS OC works with local
governments and agencies in their efforts to redevelop
under-utilized commercial properties into residential and mixed-use
communities. NHS OC’s certification by the U.S. Treasury Department
as a Community Development Financial Institution (CDFI) offers
important financing resources for these development programs.