Project Description
Partners/Lenders:
- JP Morgan Chase
- California Community Reinvestment Corporation (CCRC)
- Wells Fargo
- California Tax Credit Allocation Committee (CTCAC)
- City of Carlsbad
- Federal Home Loan Bank Affordable Housing Program
- CalHFA-MHSA
- Western Community Housing
Tavarua Senior Apartments is an extremely well-located senior apartment community in Carlsbad. Directly across the street from a well-known senior center, and with ocean views from top-floor units, this affordable housing community delivers a comfortable and convenient lifestyle to residents ages 55+.
Meta Housing Corporation developed the 100% smoke-free community with one overarching objective: to offer future residents an excellent quality of life. The community was designed to include large, congregational areas including a beautiful garden area with waterfall, a large community center for group activities, and a modern fitness center. In addition, residents enjoy social activities and education programs at no charge.
Tavarua Senior Apartments was financed with 9% tax credits, as well as funds from the City of Carlsbad, the Federal Home Loan Bank of San Francisco Affordable Housing Program, and the Mental Health Services Act Housing Program (MHSA).