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| Meta Housing, in joint venture partnership with Western Community Housing, has broken ground on Westminster Crossing, a three-story, 65-unit, affordable and permanent supportive housing multifamily community in Westminster, California. |
Westminster, CA (April 7, 2020) – Meta Housing Corporation, a Los Angeles-based
developer, in a joint venture partnership with Western Community Housing, a
Southern California-based non-profit public benefit corporation, has announced
the development of Westminster Crossing, a three-story, 65-unit,
affordable and permanent supportive housing multifamily community in
Westminster, California.
The $42 million development will provide quality affordable
housing for qualifying large families and individuals throughout Orange County,
as well as individuals experiencing varying levels of homelessness, according
to Kasey Burke, President of Meta Housing.
“Market-rate rents in Orange County reached the highest level on record at
the end of 2019. This is making affordable housing increasingly more difficult
to find, especially for larger families. It is also resulting in an influx
homelessness across the county,” says Burke.
“Westminster Crossing will fill a deep need in the
community by providing safe, spacious, and well-amenitized apartments that are
affordably priced, easing the burden on some of these renters.”
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| Kasey Burke |
Meta Housing partnered with the City of Westminster, County
of Orange, California Housing Finance Agency (CalHFA), U.S. Department of
Housing and Urban Development; Capital One Bank; California Community
Reinvestment Corporation; and Red Stone Equity Partners to finance the
project.
Meta Housing Corporation and Western Community Housing will
serve as co-developers and general partners on the project.
KPRS Construction Services, Inc. will serve as the project’s
general contractor, with IMG as construction manager, Y&M Architects as
architect, and MJS as landscape architect.
Westminster
Crossing will be located at 7122 Westminster Boulevard in Westminster,
California.The project is expected to be completed in Fall 2021 and will be
managed by John Stewart Company.
Contacts:
Micaela Fehrenbach / Lexi Astfalk
Brower Group
(949) 438-6262
