Jamboree Housing Corporation, a leading developer of affordable housing in California, announced its groundbreaking of Doria Apartment Homes. Designed for families that earn between 30 to 60 percent of area median income (AMI), Doria will be the first of several planned rental properties to be developed by Jamboree in joint venture with the Irvine Community Land Trust (ICLT). The ICLT has helped lead the charge to establish a permanent source of affordable housing in Irvine and is the only land trust established by a cooperative municipality in Southern California.
“We strive to create unique solutions that work for the specific needs of our city partners,” said Laura Archuleta, president of Jamboree, one of California’s largest active affordable housing developers. “Doria is the seventh property we have developed in partnership with the City of Irvine and the Irvine Company, and we’re excited that it will be the first rental development for the ICLT.”
The City of Irvine shares in Jamboree’s enthusiasm for Doria. “This project moves forward our long-term commitment to provide a full spectrum of housing,” says Sukhee Kang, mayor of Irvine. “The goal is to triple our inventory of affordable housing to about 9,700 units by 2025. In a jobs-rich city with three jobs for every housing unit, a mix of affordability in our housing is critical to the long-term success of our economy and our community.” Mayor Kang emphasizes that public-private collaboration with partners such as Jamboree is why Irvine continues to boast the greatest ratio of affordable housing units in Orange County.
Doria will feature 60 apartment homes in two- and three-story garden-style buildings designed around a central courtyard. Residents will enjoy full access to a pool, tot lot and 3,000 square-foot community building that includes the management offices, kitchen, a computer lab and a multi-purpose room for resident services to be provided by Jamboree’s Resident Services Group. The Spanish Colonial-style architecture will integrate seamlessly with the aesthetic fabric of the surrounding Stonegate community of Irvine.
For more information, on the Irvine Community Land Trust (ICLT), visit www.irvineclt.org. For more information on the Jamboree Housing Corporation, go to www.jamboreehousing.com.
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