Project Description
The Grove Senior Apartments
Address: 12721 Garden Grove Blvd., Garden Grove, CA 92843
Phone Number: (714) 537-6606
Year Completed: 2007
Type: Senior | Units: 85
Management: Western Seniors Housing, Inc.
Partners/Lenders:
- SunAmerica
- Citi Community Capital
- Western Community Housing
- California Tax Credit Allocation Committee (CTCAC)
The Grove Senior Apartments is an 85-unit affordable apartment community for active adults aged 55+ in Orange County. The community, which is located in
close proximity to Angels Stadium, Disneyland, several shopping malls and a variety of entertainment, features one-and two-bedroom units in a large, four story building in the heart of Garden Grove, Calif. Residents enjoy a myriad of free classes and community activities.
To develop this project, Meta Housing Corporation acquired the land, which was already entitled for development, and utilized a standard permanent loan and 9% tax credits to finance the project. Meta Housing structured the financing on this development with no funds from the City or any government assistance.