Oversight Board approves transfer of 1.86-acre Riverside site for 64-unit development
The Countywide Oversight Board approved a resolution to transfer 1.86 acres of successor-agency land in the City of Riverside to a developer for a proposed 64-unit mixed-use project that would include 10 affordable units; staff said the disposition is CEQA-exempt at this stage.
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The Countywide Oversight Board on Jan. 15 approved a resolution authorizing the transfer of 1.86 acres of successor-agency land in the City of Riverside for a proposed mixed-use development. The staff presentation said the purchase price is $1,050,000 and the project would include 64 housing units, 10 of them set aside as affordable housing.
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