Meta Housing Corporation has announced the completion of the Cabrillo Family Apartments, a new mixed-use development in the City of Torrance.

The project, motivated by Southern California's need for affordable housing, replaces a dilapidated commercial structure at 1640 Cabrillo Avenue.  The new residential-retail complex consists of a three-story structure, featuring 44 one-, two- and three-bedroom apartments and approximately 3,700 square feet of ground-level retail space.  Amenities include private balconies, a community room, a recreation deck and a 7,500-square-foot courtyard.

The Cabrillo, which was built to LEED Gold Certification standards, features a contemporary design from Y&M Architects.  The Los Angeles-based firm has collaborated with Meta Housing on numerous projects, including the recently completed Pacific Avenue Arts Colony.

Funding for the multi-family complex was provided by the Synergy Community Development Corporation, the City of Torrance, Bank of America, the California Community Reinvestment Corporation, and the California Tax Credit Allocation Committee.

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Senior Affordable Housing Opens Near Orange County's Great Park

The two-building development features 157 apartments.

Developers Related California and FivePoint have opened a new affordable housing complex near Irvine's Great Park.  The project, called Luxaira, features 157 residential units catering to low-income seniors.  It is the second senior affordable development to be built in the Great Park neighborhoods by Related, FivePoint, and collaborator RCC Charitage.  To date, more than 500 affordable housing units have been built around the park in four separate projects.