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Inland Empire Business News January, 2015.004
Inland Empire Business News January, 2015.004

Housing development marks end of an era

What is believed to be the last affordable housing project built in Riverside County with redevelopment funds has been completed.

Highgrove Blossom Apartments, a multifamily community in the unincorporated community of Highgrove, was developed by Workforce Homebuilders LLC and the Jamboree Housing Corporation in partnership with Riverside County and the county’s housing authority, according to a statement.

The project, at 550 West Center St., is bordered by Riverside and Grand Terrace. It includes 60 two-bedroom and 28 three-bedroom apartments, all of which can accommodate 88 families.

Amenities include a 2,690-square-foot community building, three laundry rooms, a pool and spa and a computer lab equipped with Wi-Fi. Each apartment also has an attached garage.

To be eligible to live there, a family must earn 30 to 80 percent of the area median income. A family of four that earns $23,850 a year – 30 percent of the local median income – would pay $383 a month in rent for a three-bedroom apartment, according to the statement.

Highgrove Blossom is the fourth affordable housing project that Jamboree Housing has built in Riverside County, said Laura Archuleta, company president.

“It’s always refreshing to develop workforce housing in a place where it’s really wanted and there’s the full support of stakeholders and local government,” Archuleta said in the statement.

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