California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Palm Springs Affordable Housing Gets Approval for Q4 2021 Groundbreaking
Community Housing Opportunities Corporation (CHOC) was recently awarded $21 million to move forward with the construction of Monarch Apartment Homes, a 60-unit affordable housing community located in Palm Springs. The $29 million complex, which is the city’s first affordable housing complex to be built in 12 years, will break ground in the fourth quarter 2021.
Located on a 3.62-acre vacant parcel at the southeast corner of N. Indian Canyon and San Rafael Drive, CHOC is developing the one-, two- and three-bedroom apartment homes in partnership with the city.
“CHOC has been unwavering and tenacious in pushing this forward in the midst of a global pandemic,” says Vincent Nicholas, vice president of real estate development for CHOC. “It has been a true labor of love totally focused on creating equitable communities throughout the Coachella Valley and this funding pushes this 60-unit development from theoretical to a reality.”
The development was designed under the direction of Maria Song, principal with the Palm Springs-based architectural firm Interactive Design Corporation.
- ◦Development




