Burbank Housing busy with four projects

Construction UpdateSept. 10, 2012

Burbank Housing busy with four projects

Petaluma senior housing complex gets 68 more units

Nominations sought for 2012 Top Projects

Burbank Housing Development Corp. has four affordable ownership and rental communities in various predevelopment and final construction stages in Petaluma, Santa Rosa, Sebastopol and Windsor.

All of these housing units are Energy Star-rated, featuring appliances reported to be 35 percent more efficient than those found in a typical home.

Favorable mortgage financing is provided from local, state and federal funding sources for first-time homebuyers.

Rental units will be targeted to individuals and families making 30 percent to 60 percent of the area median income. Ownership is available to families earning up to 80 percent of AMI.

“Despite the loss of CalHFA Mortgage funds and the effects of the economic downturn, our creative team continues to work its way through funding bumps in the road to put together financing packages that make these affordable communities possible,” said Larry Boughton, construction department manager of Burbank Housing.Manzanita self-help houses in Windsor

The 22-home Manzanita self-help homeownership project, located at 9950 Los Amigos Rd. in Windsor, started in April 2011 and will be completed this fall.

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