The city of El Centro, TPC, and its finance partner Red Stone Equitywelcomed the first phase of the El Dorado affordable housing community to El Centro. The El Dorado Family Apartments, situated on the corner of 8thStreet and El Dorado Avenue in the city of El Centro,contains24-units of affordable housing that consists of eight-2BR, seven-3BR, and eight-4BR apartments with a community room and swimming pool. Thismulti-phase development has been under construction for nearly a year, and phase two, containing 48 more units, is set to be completed in November 2022. Speaking at the ribbon cutting was TPC’s Denise Carter, along with Red Stone equity’s Matt Groszand El Centro mayor, Tomas Olivia. This is another great accomplishment between these two partners and the city of El Centro. Mayor of El Centro, Tomas Oliva did the honors of cutting the ribbon and welcoming the first phase of El Dorado Family Apartments to the City of El Centro. Thank you to our partners, The City of El Centro, Red Stone Equity, JPMorgan Chase, California Housing and Community Redevelopment, Central Valley Coalition for Affordable Housing, and California Community Reinvestment Corporation.
