Hillview Ridge II

Project Value: $14,690,000
City Allocation: $6,759,000

Project Description:

Proposed development of 57 new rental units, 1 management unit on a five-acre, vacant parcel located on Executive Parkway. The proposed unit mix includes 16 two-bedroom units, 33 three-bedroom units, and 8 four-bedroom units. The project will include a 2,500 square foot recreation building, barbeque areas, abundant open space, playground area, and swimming pool.  The proposed project will target families earning up to 55% of area median income for Butte County.   Hillview Ridge II is the second phase of a successful 72 unit new construction project that was completed in 2009.

Funding Sources:

• HOME $5,000,000
• RDA Set-Aside $1,000,000
• & CDBG $759,000

Milestones:

 Project Manager:  Pat Clark 538-2403

Council Goal: Economic Development

Fiscal year:  2011/12 2012/13 

 Expected Completion Date: 12/31/12