Senior affordable housing

Overview

Plaza Point is a three-story, mixed-use development that provides an attractive and dignified living opportunity for seniors. It is designed to create a welcoming and vibrant community where neighborhood charm, urban connections, and sustainability are celebrated. As well, there are market-rate commercial spaces on the first floor. The project will achieve multiple green building certifications, including LEED for Homes - Platinum.

Eligibility

You must be at least 62 years of age or disabled to qualify for this property.

To be eligible to live at Plaza Point, you must be a senior citizen and meet certain income-level restrictions. Income levels are measured as a percentage of AMI, the Area Median Income. Tenants must have an income level at or less than a certain percentage of AMI.

Project Funding

Plaza Point is made possible through a unique collaboration between Danco Communities, Community Revitalization & Development Corporation, Danco Builders Northwest, USDA Rural Development, the HOME Investment Partnership Program, the City of Arcata, Umpqua Bank, Boston Financial Investment Management, and the California Tax Credit Allocation Committee.