Home Front

A blog about the economy and the Sacramento-area real estate market.

July 2, 2010
West Sacramento opens its newest "affordable" housing

courtyard1.jpgThe moving vans are coming and going this week on W. Capitol Avenue as West Sacramento's newest affordable apartment project opens its doors to tenants. That's the 62-unit Parkside at Sycamore, a $20 million project opened by Roseville-based USA Properties Fund.

 USA's CEO Geoff Brown toured Home Front through the complex late Thursday, showing a variety of floor plans that rent in a range between $407 and $1,049. Complex managers said Thursday they are getting a lot of people from mobile home parks and other apartment complexes in West Sacramento.

It's easy for Home Front to see the attraction. Tenants here with working-class jobs get a nice new place with nice facilities, especially for the kids.

playground1.jpgWhenever I write about one of these affordable projects with income restrictions the phone rings off the hook for a week. People, especially, seniors, are looking for nice places they can afford. Many who can't afford better say they're stuck in run-down places where they're afraid of crime.

Now on W. Capitol, for same money (due to tax credit financing, redevelopment money and state housing bond money to get these built) lower-income working people can live better.

Here is USA's Geoff Brown with a quick comment about high demand from renters for these kind of projects: (Photos-Video/by Home Front)

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