March 27, 2017 Comments Off on 256 Affordable Units Open at Irvine Ranch Views: 414 California News, Orange County

256 Affordable Units Open at Irvine Ranch

Foster City, CA-based Anton Development Co. opened Anton Portola, a 256-unit affordable apartment community in Irvine, CA. The mission-style, three-story project is at 100 Fountainhead, off Irvine Boulevard, within Irvine Ranch’s master-planned Portola Springs community.

The project fulfilled Irvine Co.’s requirement to provide affordable housing as part of its Portola Springs development agreement. Anton Portola’s resort-style pool, fitness center, private garages and dog parks make the 10-acre project indistinguishable from market-rate apartments.

Rents at Anton Portola range from $876 per-month for a one-bedroom unit and $1,050 for a two-bedroom. The residences are for very low income households, defined by those who make less than 50% of the area’s median income, adjusted for household size.

Read more at OC Register

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