Holy housing: developer snags OC church land for affordable housing project
A church in Orange County sold part of its property to a developer with plans for affordable housing. Olson Urban Housing purchased the 1.9-acre parking lot at Messiah Lutheran Church at 4861 Liverpool Street in Yorba Linda for $8.1 million, L.A. Business First reported. Olson Urban Housing, a subsidiary of Olson Company, plans to build a community of 40 affordable townhomes at the site known as Solana Walk. The developer will build the project under the Congregational Overlay Zone, a local legal designation that allows religious organizations to build affordable housing on parts of their property. The townhomes will rise […]This article originally appeared on The Real Deal. Click here to read the full story.
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