Vernon Village Park
Address: 4675 East 52nd Drive, Vernon, CA 90058
Phone Number: (323) 771-0202
Year Completed: 2015
Type: Family | Units: 45
Management: Solari Enterprises, Inc.
Partners/Lenders:
- CHBA Affordable III, LLC
- City of Vernon
- Federal Home Loan Bank of San Francisco
- Bank of America
- California Community Reinvestment Corporation
- California Tax Credit Allocation Committee (CTCAC)
Vernon Village Park Apartments is a 45-unit family apartment community and is one of the first new housing projects in the City of Vernon since the City was created.
An industrial/commercial city, the City of Vernon is made up almost entirely of industrial product. This new housing community offers affordable family housing near the City’s border, allowing residents to utilize the resources of surrounding cities while living close to employment in Vernon.
The City of Vernon donated the land for the project, and Meta Housing Corporation secured an allocation of 9% tax credits.