60 APARTMENTS WITH RENTS APARTMENTS WITH AS60LOW AS $400 COMING TO RENTS FONTANA AS LOW AS $400 COMING TO FONTANA
AMEER ELAHEE
I
n Fontana, something very interesting is underway, the construction of a $23 million affordable housing development that will offer 60 apartments for as low as $400 a month. The construction is spearheaded by the Irvine-based developer Jamboree Housing Corporation who broke ground in January. Since 2001, Jamboree has raised over 350 affordable housing apartments in Fontana.
62
l
This construction development marks the seventh project that the nonprofit has undertaken in the city and is expected to transform a 4.31-acre blighted lot once owned by the San Gabriel Water Company into 60 affordable one-, two-, and three-bedroom apartments for families earning between 30% and 60% of the area median income which according to the 2018 census was about $71,000.
THE POWER IS NOW MAGAZINE | MARCH 2020
