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Poway group to create affordable housing units As published in The San Diego Union Tribune, January 8, 2010 Poway Family Housing Partners has bought the 52-unit Orange Gardens apartments, 12510 Oak Knoll Road, Poway, for $6.25 million from the Jones, Martin and Gordon C. Luce family trusts, according to Andrew Luce and Rita Lancaster-Hannah of Coldwell Banker Commercial brokerage. The buyers, using $1 million in redevelopment loans from the city of Poway and $5 million from Century Housing, plan to rehabilitate the property and convert it to affordable housing status. |
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