Action to clear the way for an improved 78-unit affordable housing project goes before the Garden Grove City Council when it meets on Tuesday.
The council will be asked to approve a preliminary award letter to New Tamerlane LLC to implement the substantial rehabilitation and “reset” of the project on Tamerlane Lane west of Harbor Boulevard and between Lampson and Chapman Avenues.
Garden Grove had been assisting the original Tamerlane Associates in assembling 15 multi-family properties. In 2022 that organization sold the properties to New Tamerlane, and in order to modernize them, the new owner is seeking tax credit and a loan which would amount to $12.5 million for a term of 58 years.
New Tamerlane will be responsible for renovation, interiors and exteriors of all 15 buildings and 78 units. Work would include new paint, fixtures, flooring, etc.
According to a staff report, the new operators intend to add new amenities such as a playground and art.
Also on the agenda is a resolution of commendation to Rep. Lou Correa for his years of representing Garden Grove in Congress as part of the 46th District.
The council will meet at 6:30 p.m. in the Community Meeting Center, 11300 Stanford Ave.
Categories: Garden Grove
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