Partners/Lenders:
- California Tax Credit Allocation Committee (CTCAC)
- Bank of America
- California Community Reinvestment Corporation (CCRC)
- City of San Bernardino
- Federal Home Loan Bank Affordable Housing Program
- CalHSA-MHSA
A $21 million senior apartment community in the heart of San Bernardino, Magnolia at 9th Senior Apartments features 119 affordable housing units, including one- and two-bedroom floor plans.
To complete this project, Meta Housing Corporation acquired and completed a substantial rehab on a blighted and crime stricken housing project in San Bernardino, ultimately transforming this 3.32 acre housing project into a thriving apartment community.
The rehab also includes the latest in sustainability and green building techniques, through which Meta Housing will increase energy efficiency by 30%.
Magnolia at 9th provides new, modern housing to the City of San Bernardino. Residents also enjoy a variety of amenities and supportive services.