Magnolia Court Senior Apartments Celebrates Grand Opening

AH_MagnoliaCourt_1A_8378-4x200Last month, Magnolia Court Apartments celebrated its grand opening for the 52 unit affordable housing project in Manteca, California .  The San Joaquin County project, which is located on a 1.4 acre parcel, includes 6 studio, 35 one-bedroom, and 9 two-bedroom homes.  Magnolia Court, developed by Affirmed Housing Group,  was designed to meet LEED Platinum certification by the U.S. Green Building Council standards and includes an interactive courtyard to engage its residents.  The project will be rented to those 55 years of age and older who earn 30 to 60 percent of the mean area income.

The project site was previously an unimproved lot that served as a detention basin.  As part of the project, Magnolia Court was built with an underground storm water retention system designed to retain and regulate the discharge of storm water runoff from surrounding properties.

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Magnolia Court was designed by Studio E Architects and built by BOGC Inc, General Contractors.  In partnership with the City of Manteca and the California Department of Housing and Community Development, Affirmed Housing Group obtained a $5,300,000 loan for financing for Magnolia Court Apartments.  Bank financing for the project came from US Bank.

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Developer, James Silverwood, President of Affirmed Housing Group states, “We are excited to be part of a flourishing project that provides much needed affordable housing for Manteca’s aging baby boomers and utilizes state-of-the-art, sustainable technology.”

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