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Riverside County Advances More Affordable Housing
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By Desert Star Staff
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RIVERSIDE – The Riverside County Board of Supervisors today unanimously approved a funding allocation of $1.3 million towards creating 108 new affordable apartments in the City of Coachella.
The funding will go to Chelsea Investment Corporation for the Tripoli Affordable Housing Project located in Coachella. The Tripoli Apartments will add 108 apartments on approximately 2.8 acres of vacant land at 51392 Cesar Chavez St.
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The $1.3 million commitment by the county, which comes from the county’s HOME funds, is in addition to $1 million that the county approved last year, also from HOME funds. As a result, Riverside County is contributing $2.3 million in funding support for this future housing.
“Riverside County is a partner in the development of affordable housing developments such as the future Tripoli Apartments and many others,” said Supervisor V. Manuel Perez. “When Riverside County commits these funds, it helps secure the other funding needed to make these happen and build housing for residents and our communities. Affordable housing is needed when people are homeless, when individuals and families struggle to afford rent, and when people live in unsafe
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