The auction has ended and Lennar has entered into an agreement with ETHIC to transfer 22.3 acres to ETHIC and to build, debt free, 166 mostly 3 bedroom units on 7.5 of those 22.3 acres. The remaining acres plus a little leave opportunity for more housing to be built at Heritage Fields.
ETHIC and the many shelters of Orange County are delighted that such an agreement was made and that this housing will be completed in late 2008.
This agreement was made possible by the great cooperation of the five housing providers, Second Baptist Church Homeless Coalition, the American Riding Club for the Handicapped, The Salvation Army, Orange County Community Housing Corporation and CHAPA. Without this cooperation, this opportunity would have never existed.
Our work between now and the completion of the apartments by Lennar is to devise a management and operation plan that will result in well maintained apartments rented to extremely low income large families.
Our deepest appreciation to Mr. Rich Knowland and William Hammerle of Lennar Communities and Heritage Fields respectively, who worked with ETHIC to create an imaginative and great product that will serve those in desperate need of housing for many, many generations.
