Hillview Ridge II

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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: 2011/2012, 2012/2013
 Expected Completion Date: 12/31/12