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Land sale OK’d for homes

first_imgSOUTH WHITTIER – Thirty-one new homes, ranging in price from $285,000 to $485,000, will be built on two separate parcels following Los Angeles County Supervisors’ approval of the sale of 3.5acres of vacant land to a developer – Abel Hellou Homes. Twenty-six homes will be constructed on about 2.5acres on the southwest corner of Utica Street and Ramsey Drive. Five more homes will be built on a cul-de-sac where Ramsey ends, just north of Leffingwell and Meyer roads. Ralph Pacheco, president of the Whittier County Community Coordinating Council, said the development will be good for the unincorporated South Whittier community. “For some time (the area) has been an eyesore,” Pacheco said. “It’s going to provide additional affordable housing to our community for families who would like to move into new housing in our area.” The county will sell the property to the developer for about $1.5 million. The county will use about $1.2 million received from city of Industry redevelopment housing funds and nearly $300,000 in federal funds to subsidize the project, which is projected to cost $15 million. Syed Rushdy, director of housing for the county, said the project will promote home ownership. “Less than 16 percent of people can afford the median price of a home,” Rushdy said. Fifteen of the homes are expected to be sold for $485,000 and 16 will be sold to low- and moderate-income families at a reduced price of $285,000. To qualify, a family of four cannot have annual income in excess of $52,000. Construction should start almost immediately and be completed within a year. [email protected] (562)698-0955, Ext.3022 AD Quality Auto 360p 720p 1080p Top articles1/5READ MORESanta Anita opens winter meet Saturday with loaded card160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more