Property Information

Las Placitas

Location: Santa Ana, California
Property Type: Families
Units: 51
Financing: 9% Low Income Housing Tax Credits

Property Information

Located in the heart of Santa Ana, the acquisition of Las Placitas, formerly named Tiny Tim, will create an innovative urban hub to the established Latino neighborhood. The creation of 51 new construction 2, 3, and 4- bedroom apartments in the three-story building will revitalize the underutilized strip center creating an aesthetically and functioning retail center and residential housing. Las Placitas will serve families earning 30-60% of the Area median Income (AMI). The project is supported through the City of Santa Ana Low-and Moderate-Income Housing Asset Fund and Inclusionary Housing Fund, along with 9% Low Income Housing Tax Credits and Tax-Exempt bonds.

Address

2223 W. 5th Street
Santa Ana, CA 92703