Developer Of Inclusionary Housing

Award-winning inclusionary housing with master developers

Community kitchen inside Birch Hills apartment homes

California is one of the most expensive housing markets in the country. Because the minimum annual salary required to purchase a median priced home is more than $100,000, only 14% of California households can afford one. That leaves many hard-working people – from teachers and first responders to clergy and restaurant servers – unable to rent even a two-bedroom apartment for their families. Providing affordable housing in the very communities where people work is the solution.

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Inclusionary housing programs require that new developments provide a percentage of affordable units, and may provide incentives to developers for voluntary inclusion of affordable units. Jamboree’s strategic financial partnerships and resources allow us to collaborate with master developers to help secure financing and achieve their inclusionary housing goals.

Incentives for master developers include:

  • Density bonuses
  • Expedited permitting
  • Relaxed requirements
  • Financial assistance

Community benefits include:

  • Healthier, more diverse and inclusive communities that actually get units built (see what's working in areas like San Francisco)
  • Cities that have a wide spectrum of housing to offer their residents
  • Recruit and maintain employees for low- or middle-income jobs that keep a community running
  • A collaborative strategy for inclusionary housing that developers, local governments, and nonprofit agencies can use together to solve the affordable housing crisis in California

Jamboree’s featured inclusionary communities include:

Mendocino at Talega
San Clemente, CA

  • Public/private partnership with Talega Associates
  • Set architectural standard for seamless integration into multimillion-dollar neighborhood
  • Increased property values dramatically since inception of inclusionary housing program
  • Brought together nexus of seven layers of funding sources
  • Size and location has drawn national attention

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Bonterra
Brea, CA

  • Public/private partnership with Shea Homes, Standard Pacific Homes
  • Provided local infrastructure for master development by building out roads, sewers, traffic signals, etc.
  • Certified LEED for Homes Gold
  • Secured American Recovery & Reinvestment Act (ARRA) funding
  • Higher project density preserves open space for adjacent preservation habitat

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The Arbor at Woodbury
Irvine, CA

  • Public/private partnership with The Irvine Company
  • Completed ahead of schedule and $.5 million under budget in 12 months
  • Completed without cash contribution from master developer
  • Provided affordable housing solutions for working families in jobs-rich city
  • Recognized for affordable housing excellence by Orange County Housing Commission

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Are you a potential development, financial, design/construction, municipal, community service, agency, and/or business partner? Start the conversation today. If you’re looking to rent at a Jamboree community, find out what to do next on our FAQs about applying for quality affordable housing.

 
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