HIGH HOPES FOR HOME PROJECT BUILDERS FOCUS ON ONCE-BLIGHTED AREA.Byline: Jim Skeen Staff Writer LANCASTER - A partnership between a home builder and a nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. is building the first homes in a project that city officials hope will spruce up spruce up Verb [sprucing, spruced] to make neat and smart Verb 1. spruce up - make neat, smart, or trim; "Spruce up your house for Spring"; "titivate the child" an area once noted for its crime-ridden fourplexes. Forty-five homes of the 79-home SkyView development are under construction at Avenue H-13 and Beech Avenue. The first homes should be ready for occupancy in January and the entire project should be completed in early 2007. The homes are being built by Avenue I Trust Homes LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a partnership between MBK MBK Multiple Beam Klystron MBK Mitra Bisnis Keluarga (Indonesia microfinance) MBK Marktbearbeitungskonzept (German market development/cultivation/prospecting concept) MBK Multiple Backup Homes Ltd., a division of Mitsui & Co. Ltd., the world's 13th-largest corporation as rated by Fortune magazine, and Community Foundation Land Trust, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the California Community Foundation The California Community Foundation, located in Los Angeles, California serves all of Los Angeles County and is the United States' second-oldest community foundation. It has assets of over $1 billion and makes grants for several different charitable purposes. . The partnership is attempting to provide affordable housing for people who would otherwise not be able to buy a home. The prices for the homes, which will range in size from 1,446 square feet to 2,223 square feet, will start at $238,000. ``We have the home-building expertise,'' said Tim Kane, president of MBK. ``They (the foundation) are able to get the land and have the subsidies to make homes affordable. It's a perfect pairing.'' Norie Harrower har·row 1 n. A farm implement consisting of a heavy frame with sharp teeth or upright disks, used to break up and even off plowed ground. tr.v. har·rowed, har·row·ing, har·rows 1. , chief executive officer of the foundation, said a partnership was the only way to make the homes affordable. ``I hope this is a model for the future,'' Harrower said. The partnership is looking at the possibility of doing a second project of roughly 50 homes in the neighborhood. The homes are being built in an area where the city launched an anti-crime effort in October 1992 called Operation High Desert Storm. The program's aim was to get rid of blighted conditions in the north downtown area, an area that had crime-ridden multifamily housing units. In the year before Operation High Desert Storm began, 87 felony arrests were recorded in the area. The Los Angeles County Sheriff's Department This article is about the Los Angeles County Sherriff's Department, not to be confused with the smaller Los Angeles County Police The Los Angeles County Sheriff's Department (LASD) is a local law enforcement agency that serves Los Angeles County, California. had stepped up patrols in the area, but the city began acquiring property in the area and demolishing mostly vacant fourplexes that attracted drug dealers and prostitutes. The city's redevelopment agency sold the property to the partnership in 2003 for $1.7 million. Jim Skeen, (661) 267-5743 james.skeen(at)dailynews.com CAPTION(S): 2 photos Photo: (1 -- color) Norie Harrower, chief executive officer of the Community Foundation Land Trust, speaks near the housing tract as Tim Kane, president of MBK, listens on Thursday. (2) A sign is posted outside the houses in Lancaster, which should be available for occupancy in January. Jeff Goldwater/Staff Photographer |
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