New York City, New York Mar 28, 2024 (Issuewire.com) - Community and business leaders gathered with representatives from CRP Affordable Housing & Community Development to celebrate the Ribbon Cutting of Redwood Views Apartments—a 52-unit affordable housing development in Windsor that provides housing for individuals and families that earn in between 30% and 60% of the area median income. The project was delivered in November of 2023 and all units are currently occupied.
Sam Salmon, Councilmember District 2 of Windsor both spoke and attended the ribbon cutting ceremony. "Welcome Redwood Views to Windsor," said Councilmember Salmon. "This is now the Town to call your own; to receive all the good it offers and love it can provide. Thank you for joining the community that we can all call our home."
Redwood Views offers spacious 1-,2-, and 3-bedroom apartment homes that include several upgraded amenities. This includes large closets, faux wood flooring, stainless-steel appliances, and in-unit dishwashers. Community amenities include on-site property management, a clubhouse/community room, an on-site laundry room, a children’s play area, and BBQ/picnic areas.
Total costs for Redwood Views just surpassed $30 million. Financing for the development was provided by Citi Bank, CREA, LLC, Sonoma County Community Development Commission, the California Tax Credit Allocation Committee (CTCAC) and the California Department of Housing & Community Development.
CVS Health was also an investor in the property through CREA, LLC. CVS Health’s investment in Redwood Views demonstrates the company’s commitment to improving the health of individuals across the country, which begins with providing access to quality, safe, affordable housing, especially in historically underserved communities. To date, CVS Health has invested over $295 million to create, preserve and renovate nearly 14,000 affordable senior, family and permanent supportive homes across the State of California, including the homes at Redwood Views.
“The first step to improving an individual’s wellbeing is addressing housing insecurities. When someone is worried about keeping a roof over their head, their health needs are often pushed to the back burner, including care for chronic conditions,” said Addison Beverly, Business Development Manager for California Medicare at Aetna, a CVS Health company. “We recognize the significant impact that Redwood Views will bring to the members of the Windsor community, and we are incredibly proud of our investment in this development.”
Redwood Views embodies CRP Affordable Housing’s core values of sustainability, equity, community support, and impactful collaboration.
Paul Salib, CEO of CRP Affordable Housing not only expressed pride for the completion of the project, but also its impact within the Town of Windsor and its residents. “This brand-new project is a terrific addition in the Town of Windsor that offers a sense of community to its residents and neighbors. We have heard countless anecdotes from those who grew up in the community that are unable to return home due to inflated housing costs. This community offers affordable housing for those who wish to live in the Town of Windsor.”
Media Contact
CRP Affordable Housing & Community Development *****@crpaffordable.com 122 East 42nd Street Suite 1903 https://www.crpaffordable.com/
