New Affordable Housing Opens Today In CA

New affordable-housing apartments are scheduled to open today in the Springlake development area of Woodland. Terracina at Springlake Apartment Homes, located on 6.2 acres at the corner of Farmer's Central and Miekle Avenue, is a complex with 156 units for rent to low-income individuals and families. Construction on the $21 million project began in October 2006 by USA Multifamily Management, a subsidiary of Roseville-based real estate developer USA Property Funds.

The apartments are available in one, two, and three-bedroom floor plans and applicants are approved for a six-month minimum lease if they pass credit, background, income and asset verifications, property manager Tami Pedroia said. "We target a wide range (of people)," said Pedroia, who lives in Woodland and has four years in property management experience. "As long as they fall within our income restrictions, then they're eligible."

Already, there have been 51 applicants and 32 percent of the apartments have been pre-leased, Pedroia said. She said that residents will probably start moving in at the end of November. "They are so excited because they're huge apartments, they're brand new and in a great new location," Pedroia said. "I just love helping people find a new home."

The one-bedroom floor plan, which goes for $550 a month with a $400 deposit, is 706-square-feet. The most expansive floor plan is 1,129-square-feet and includes three bedrooms and two baths for $658 to $806 plus a $600 deposit.

In addition to new apartments, Pedroia said, Terracina also offers a unique emphasis on community, offering social services to residents through an affiliation with LifeSTEPS, a nonprofit life skills training and education organization.

Terracina will also offer after-school activities for children, parents' nights out, movie nights and monthly neighborhood watch meetings, Pedroia said. "We keep the residents really involved, like one big community," Pedroia said. The complex is among dozens of similar "communities" built and managed by USA Property Funds - in all, there are 65 throughout California, five in Reno and two in Las Vegas.