Project Specifications

Total Units: 160
  • 160 2-Bedroom
Affordability: 100% Affordable
  • 50%, 60%, 80% AMI
  • Completed in 1999
Role
  • Owner • Developer • Property Manager Supportive Services Provider
Financing Sources
  • County of Riverside HOME Loan
  • City of Corona HOME Loan
  • City of Corona RDA Loan
  • FHLB of San Francisco AHP Grant
  • Chase Mortgage Loan
Onsite Amenities
  • Community Center
  • Laundry Facility
  • Three Playgrounds
  • Covered Parking
  • 24-Hour Emergency Maintenance
  • Controlled Access & Gated Entrances
  • In the vicinity of retail, entertainment and schools
Awards
  • 1999 Apartment Assoc. of the Greater Inland Empire Apartment Community of the Year – 151 units and up
  • 2000 National Association of Homebuilders Pillars of the Industry Finalist: Best Rehab
  • 2000 Affordable Housing Management Assoc. Communities of Quality: Best Turnaround of a Troubled Property
Revitalization (Family)
Corona del Rey
1148 D Street, Corona, California 92882

Corona del Rey has transformed what was once a dying neighborhood crippled by drugs and crime into a stable community of charming apartment homes with a family friendly environment that includes three playgrounds, a community center and onsite preschool.

Social Services

HOPE partners with Quality Children’s Services to provide on-site preschool for children ages 3-5.

Programs Offered

  • Literacy rich environment
  • Play-based learning experiences
  • Social activities

Impact on Participants

  • The National Institute for Early Education Research tells us that children who attend high-quality preschool enter kindergarten better prepared to learn to read.
  • Head Start studies tell us that at-risk children who attend preschool are significantly more likely to graduate high school and attend college than their peers who do not attend preschool.

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