Construction has begun on a new affordable housing community off Cypress Lane in Paradise. The project, led by Community Housing Improvement Program (CHIP) and Mercy Housing, will be completed in two phases across 19 acres.
Phase One will include 70 multi-family apartment units and is already underway. Phase Two, set to begin in 2025 pending funding approval, will consist of 70 additional units specifically for senior living. Completion of Phase Two is projected for late 2026 or early 2027.
The Town of Paradise has committed $14 million in CDBG-DR MHP funding to support this project. Additionally, Wells Fargo contributed a $100,000 grant, helping CHIP get the project off the ground. CHIP CEO Seana O’Shaughnessy expressed her gratitude for the partnership, highlighting Wells Fargo’s vital contribution in bringing the new affordable housing project to life. Mayor Ron Lassonde of the Town of Paradise also shared his appreciation for the team, expressing his excitement to see the success of the brand-new construction taking shape.
For more information, you can check out the recent news story here: Community Housing Improvement Program brings affordable housing to Paradise,or call the Business and Housing Department at (530) 872-6291 ext. 122.