EAH Housing, an affordable housing nonprofit organization began construction on Archway Commons II, the second phase of an affordable housing development in Modesto. 74 new rental apartments will be built on an empty lot next to Archway Commons I, a 76-unit development, built in 2014.
“The development of Archway Commons II underscores the intrinsic link between the community, affordable housing and efficient mass public transportation,” said Laura Hall, president and chief executive officer of EAH Housing. “We are grateful to the City of Modesto and our financial partners for working together to provide quality housing and improved transportation options for hundreds of low-income people and their families.”
The two-story garden style apartment buildings will provide 74 new 1-,2-, and 3- bedroom rental apartments for housing for people whose income is below or at 30% – 60% of the area median income (AMI). It will share amenities with Archway Commons I, such as a resident community room with a kitchen, computer lab, swimming pool, BBQ and recreation areas, children’s playground, among other features. It will also be environmentally friendly and will have solar photovoltaic panels to reduce the development’s carbon footprint.
Archway Commons II was awarded $14,276,157 from the California Department of Housing and Community Development Affordable Housing and Sustainable Communities Program (HCD AHSC). The award also provides funding to improve the 9th Street corridor by connecting the neighborhood to the Modesto Downtown Transit Center and Modesto Junior College. It will also modify an existing bus route, taking the bus line off the highway, to directly serve the community.
“To create an economically healthy, sustainable and thriving community, a city must have housing that is affordable for everyone,” said Modesto Mayor Sue Zwhalen. “We are thrilled to see 74 new apartment homes being built within Modesto, along with improved public transportation options for people to use and enjoy.”
Funding for Archway Commons II is provided by MUFG Union Bank, California Department of Housing and Community Development Affordable Housing and Sustainable Communities Program (HCD AHSC) Hudson Housing Capital, and 4% Low-Income Housing Tax Credits.
About EAH Housing
Established in 1968, EAH Housing is one of the largest and most respected nonprofit housing development and management organizations in the western United States. EAH develops low-income multifamily housing, manages more than 222 properties in 78 municipalities in California and Hawaii, and plays a leadership role in local, regional, and national housing advocacy efforts.