1130 Harvey Way — Approximate Site of Affordable Housing Opening
A 265-apartment affordable housing community called The Crawford has opened at 1130 Harvey Way in west Roseville, offering one- to three-bedroom homes to households earning between 30% and 70% of the Placer County area median income. Monthly rents range from less than $700 for a one-bedroom apartment backed by a city voucher to $2,310 for a three-bedroom unit, and roughly 125 apartments remain available for lease.
The $112 million project is described by developer USA Properties Fund as a public-private partnership with the City of Roseville as one of several partners. Bank of America serves as the tax-credit investor and construction lender, while Citi Community Capital is the permanent lender, according to the company. Safehold, which the company says is the property’s leaseholder, also helped make the development possible…