Oversight board clears transfer of Riverside parcel for 33-unit project with five affordable units
The board unanimously approved transfer of a 0.945-acre Riverside parcel to developer R.C. Hobbs for $560,000; the proposal calls for a 33-unit development with 15% affordability (five low-income units) and staff said CEQA review is expected to be completed by the city and developer as required.
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The Countywide Oversight Board unanimously approved the transfer of a 0.945-acre vacant parcel in the City of Riverside to developer R.C. Hobbs for $560,000, a city representative said.
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