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FV Newsletter

The Fountain Valley Communications Team has been created to keep the community informed and connected on various departments’ programs and services including upcoming events. The team decided to create a monthly Fountain Valley Newsletter to update residents on subject matter we believe is of importance to you. 
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Aug 21

Related Companies of California Upcoming Affordable Housing Project

Posted on August 21, 2020 at 12:47 PM by Maggie Le

Related photo
The City is proud to announce that, after much effort, the necessary tax incentives have been awarded by the State and the detailed building, grading, and landscape plans have been submitted for an affordable housing project at 16790 Harbor Boulevard, which is located in the northeast corner of the City. This is an important technical step prior to construction, which is anticipated to begin in December 2020.

This project is the result of years of hard work by the City. The origins for this projected began in 2009 on a different site on Warner Avenue. Due to deed restrictions, an affordable housing project could not be developed on the Warner Avenue site and the funds from the sale of that property in 2016 were used for this project. Along the way, several actions were taken by the City Council to comply with State Housing laws, put the proper zoning in place, find the right site, and attract the right partner.

In 2019, the City approved the conceptual plans for and an agreement to provide $8.2 million in funding for the land purchase and development of this project. The City is partnering with the Related Companies of California who will construct and manage the 50 unit project that includes:

  • 13 Extremely Low Income Units
  • 32 Very Low Units
  • 4 Low Income Units
  • Manager’s Unit
  • 8 of these units will be permanent supportive housing, meaning they will include services to help prevent the occupants from falling into homelessness.

The Related Companies have vast experience developing affordable housing in California and, as can be seen in the accompanying graphic, have proposed a quality project.