REAL ESTATE DEVELOPMENT

Placita Dolores Huerta (Coachella Valley Apartments)

 
 
 

Placita Dolores Huerta (also known as The Coachella Valley Apartments) is currently comprised of 50 existing affordable housing units built in the 1970’s and subsidized by USDA Rural Development. The proposed redevelopment plan consists of rebuilding 50 existing affordable housing units and adding 60 new affordable housing units in two (2) phases over the next several years. Unit mix will consist of one-, two- and three-bedroom units. Phase 1’s plan will include building 54 new units followed by Phase 2’s building of 56 new units.

The development is designed in a contemporary Spanish Colonial Moorish architectural design with the use of smooth plaster, terra-cotta concrete tile roofing, ceramic mosaics, rounded arches with tiled accents and decorative wrought iron throughout. Numerous elements on each of the buildings create architectural variation compatible with the character of the neighboring community. The elevations and renderings depict the architectural style and finishes for the various residential buildings, community building, site plan and landscape.

 

Development Schedule:

  1. Entitlement: Approved Feb. 2020

  2. Final Map: Recorded Dec. 2020

  3. Financing: County funding and state tax credit financing.

  4. Tax Credit Award: Awarded June 22, 2021

  5. Projected Total Development Costs: $28 Million

  6. Phase 1 Construction Start: Q1 2022

  7. Phase 2 Occupancy: Estimated June 2023

  8. Phase 2 to follow Phase 1


For questions or more information on Placita Dolores Huerta/Coachella Valley Apartments, please email info@chochousing.com.