Mercy Housing California’s Trailside Terrace Brings Much-Needed Affordable Housing to El Dorado County

November 22, 2013

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WASHINGTON, D.C. – November 22, 2013 – (RealEstateRama) — Nestled in the scenic community of Shingle Springs, Mercy Housing California’s Trailside Terrace is the newest addition to the available and affordable living options in El Dorado County. The land rezoned for affordable housing by the County is now home to 40 families and individuals with a community room for on-site resident services.<span id="more-2794"></span></p> <table width="100%" cellpadding="0" cellspacing="7" border="0"> <tr bgcolor="#FFFFF1"> <td width="51%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/US-National/Mercy+Housing.html" target="_blank" rel="nofollow"><font color="#3300FF">Mercy Housing in National News</font></a></h5> </td> <td width="49%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/Social/Mercy+Housing.html" target="_blank" rel="nofollow"><font color="#D50000">Mercy Housing in Social Media</font></a></h5> </td> </tr> </table> <p>Trailside Terrace is the most recent of Mercy Housing’s developments in the region which include two phases of Diamond Sunrise Apartments in Diamond Springs, White Rock Village in El Dorado Hills, and Tahoe Valley Apartments in South Lake Tahoe. These new homes in Shingle Springs represent Mercy Housing’s long history in the El Dorado County region as part of a shared mission to meet the affordable housing needs of the rural community.</p> <p>The mix of one-, two-, and three-bedroom apartment homes situated within three separate, various sized two and three story buildings are affordable to families earning between 30-50% of the Area Median Income. The homes at Trailside Terrace are designed around an easily accessible community room to provide ample common space for tailored services including afterschool and wellness programs. Additionally, five homes reserved for homeless or at-risk individuals with severe mental health disabilities will receive services through the El Dorado County Department of Mental Health.</p> <p>“Trailside Terrace is a shining example of commitment to affordable housing in a rural community,” said California Housing Finance Agency’s Executive Director, Claudia Cappio. “The California Housing Finance Agency’s and Department of Housing and Community Development’s commitment to creating new affordable housing are enhanced by willing partners like Mercy Housing to improve the quality of life for more Californians.”</p> <p>The energy efficient property is also well-appointed with a convenient laundry facility, play area, management offices, a computer lab and other amenities such as free community-wide Wi-Fi. With vistas of rolling hills, the lush greenery of El Dorado County, and the abundant original trees and native drought tolerant plants that line the property, Trailside Terrace is a beautiful place to call home.</p> <p><strong>Financing </strong>for Trailside Terrace includes Enterprise Community Investment, California Tax Credit Allocation Committee, Citibank Community Capital Construction and Permanent Loans, California Department of Housing and Community Development, California Housing Finance Agency—Mental Health Services Act Housing Program, HOME, CDBG, and TIM Fee Offset investments by El Dorado County.</p> <p><strong>Development Team:<br /> </strong>Developer: Mercy Housing California<br /> Architect: Stantec Architects<br /> General Contractor: Broward Builders<br /> Engineers: Stantec Engineering<br /> Property Management: Mercy Housing Management Group</p> <p><strong>ADDITIONAL BACKGROUND INFORMATION: </strong></p> <p><strong>About Mercy Housing<br /> </strong>Mercy Housing California (MHC) is the largest regional division of national nonprofit Mercy Housing, Inc. (MHI), headquartered in Denver and founded in 1981 with the mission to create stable, vibrant, and healthy communities by developing, financing and operating affordable, program-enriched housing for families, seniors and people with special needs who lack the economic resources to access quality, safe housing opportunities.</p> <p>With a presence in 41 states and 200+ cities, MHI has developed, preserved and financed more than 45,300 affordable homes nationwide, both rental and single family, serving more than 151,000 adults and children.</p> <p>In addition to Trailside Terrace and a number of other projects in development statewide, Mercy Housing California (MHC) has developed over 130 rental properties across 36 counties serving low- and very low-income working families, senior citizens, persons who are homeless and people with disabilities and persons living with HIV/AIDS. To date, MHC has developed over 11,000 affordable homes in California.</p> <p>For more information about Mercy Housing, please visit <a href="http://www.mercyhousing.org/">mercyhousing.org</a>.</p> <p><strong>About The California Department of Housing and Community Development<br /> </strong>The California Department of Housing and Community Development is dedicated to the preservation and expansion of safe and affordable housing so that more Californians have a place to call home. Our team works to ensure an adequate supply of housing for Californians and promotes the growth of strong communities through its leadership, policy and program development.<br />+</p>  <script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script><div class="td-g-rec td-g-rec-id-content_bottom"> <script type="text/javascript"> var td_screen_width = document.body.clientWidth; if ( td_screen_width >= 1024 ) { /* large monitors */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } if ( td_screen_width >= 768 && td_screen_width < 1024 ) { /* portrait tablets */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:468px;height:60px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); (adsbygoogle = window.adsbygoogle || []).push({}); } if ( td_screen_width < 768 ) { /* Phones */ document.write('<ins class="adsbygoogle" style="display:inline-block;width:300px;height:250px" data-ad-client="ca-pub-4765318478912403" data-ad-slot="5509231618"></ins>'); 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block_td_uid_6_672a3b9db12a6.td_column_number = "1"; block_td_uid_6_672a3b9db12a6.block_type = "td_block_2"; block_td_uid_6_672a3b9db12a6.post_count = "4"; block_td_uid_6_672a3b9db12a6.found_posts = "4100"; block_td_uid_6_672a3b9db12a6.header_color = "#"; block_td_uid_6_672a3b9db12a6.ajax_pagination_infinite_stop = ""; block_td_uid_6_672a3b9db12a6.max_num_pages = "1025"; tdBlocksArray.push(block_td_uid_6_672a3b9db12a6); </script><div class="td_block_wrap td_block_2 td_block_widget td_block_id_3368476966 td_uid_6_672a3b9db12a6_rand td_with_ajax_pagination td-pb-border-top"><h4 class="block-title"><span>Recent Government & Nonprofit Press Releases</span></h4><div id=td_uid_6_672a3b9db12a6 class="td_block_inner"> <div class="td-block-span12"> <div class="td_module_4 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="td-module-image"> </div> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/napolitanos-statement-on-trump-administrations-attack-on-clean-water-ID09898.html" rel="bookmark" title="Napolitano’s Statement on Trump Administration’s Attack on Clean Water">Napolitano’s Statement on Trump Administration’s Attack on Clean Water</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/california">California RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-05T00:04:12+00:00" >July 5, 2019</time></div> </div> <div class="td-excerpt"> Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/flood-protection-and-water-storage-ID09937.html" rel="bookmark" title="Flood Protection and Water Storage">Flood Protection and Water Storage</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-04T03:31:39+00:00" >July 4, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/senators-include-legal-protections-for-military-families-in-privatized-housing-in-defense-bill-ID09930.html" rel="bookmark" title="Senators: Include Legal Protections for Military Families in Privatized Housing in Defense Bill">Senators: Include Legal Protections for Military Families in Privatized Housing in...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:24:14+00:00" >April 1, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/mccarthy-introduces-legislation-to-repurpose-high-speed-rail-funding-to-water-infrastructure-projects-ID09929.html" rel="bookmark" title="McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure Projects">McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/congressman-kevin-mccarthy">Congressman Kevin McCarthy</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:20:36+00:00" >April 1, 2019</time></div> </div> </div> </div> </div> </div></div> <aside class="widget widget_archive"><div class="block-title"><span>Government & Nonprofit Press Release Archive</span></div> 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