A new low-income housing project in Lake Elsinore is complete, and officials plan to mark the occasion.
On Thursday from 1-3 p.m., there will be a ribbon cutting ceremony to celebrate final construction of the Pottery Court apartment complex located at 295 West Sumner Avenue.
Among the dignitaries scheduled to take part in the ceremony are Lake Elsinore Mayor Brian Tisdale; Riverside County Supervisor Bob Buster; and officials from BRIDGE Housing Corporation, the nonprofit developer on the project.
Redevelopment money was used to fund the $24 million project, which was approved by the Lake Elsinore in June 2008. Construction on the project wrapped up last month, said BRIDGE Housing spokesperson Lyn Hikida.
Eight residential buildings containing a total of 113 apartments make up the Pottery Court complex. Ninety-four of the apartments are occupied or have been scheduled for move-in as of July 5, and BRIDGE is still processing applications to fill the remaining units, Hikida said.
The apartments are targeted to families with annual incomes of up to $33,500 for a four-person household. Monthly rents range from approximately $559 to $677, depending on income and apartment size.
The development features 20 one-bedroom apartments, 48 two-bedrooms, and 45 three-bedrooms.
Application info is online at http://www.bridgehousing.com/Pottery-App-Info. Proof of income and U.S. citizenship are required as part of the application process.