Bella Vista
Apartments - 1808
Parsons Avenue
• Visionary Home Builders of California
• 108 Units – 1, 2, 3, & 4 bedrooms
• 100% Affordable up to 60% AMI
• $3.5 M – City of Merced - ARPA commitment
• $1 M – Water & Sewer Connection Fee Loan
• $831 K - Reduced PFFP
• $19 M - HCD_ Multi-Family Housing (Super NOFA)
• $6 M - Farmworker Housing (Super NOFA)
• Extra Amenities – Head Start Childcare, Computer Lab, Teen Center, Playgrounds, Basketball
• CA Municipal Finance Authority TEFRA Revenue Bond Hearing
Action
Items:
• Approve ARPA
Resolution
• Approve Water & Sewer
Resolution
• Authorize any minor
changes or budget
adjustments
• Welcome Bella Vista!