Financing Closes on Construction Deal
Congratulations to everyone at Christian Church Homes. For the first time in 12 years, we have closed a $35 million new construction financing deal for Piper Way Senior Apartments. The project will include 60 units of quality, affordable housing for low-income senior residents to be built on two-plus acres of excess church land in Redding, CA. The community also will include six units for formerly homeless seniors with mental illness and nine units for seniors with a developmental disability. This is the first time housing units for seniors with disabilities have been funded by the California Department of Developmental Services.