Magnolia Court – a 52-unit subsidized senior housing complex – is getting ready to move toward construction.
The City Council Tuesday approved an improvement agreement that outlines $200,000 worth of public improvements beneath and along North Grant Street that the San Diego firm building the complex behind Dribble’s Car Wash and Burger King has to make. The agreement is needed before the city can approve a building site plan.
When completed, there will be 211 subsidized senior housing units in Manteca between Magnolia Court, Eden Housing’s Almond Terrace, and Eskaton’s Manteca Manor.
There ultimately will be 1,505 age-restricted houses for those 55 and older including the 1,425-home Del Webb at Woodbridge neighbor now under construction and Manteca’s original age-restricted and gated community known as Camellia Gardens on East Yosemite Avenue that has 80 homes.
Manteca also has two age-restricted mobile home parks with 490 spaces.
Altogether, there are 2,206 age-restricted units either in place or in the process of being built. That represents just less than one out of ten of every housing unit in Manteca. The city had 23,000 housing units on Jan. 1, 2009.
The new project will provide managed housing to seniors with incomes at or below 50 percent of the county’s median income. That means if a resident has an income of $10,000 a year, the rent is only $3,000 annually. That is significant since the typical one-bedroom apartment in Manteca rents for $650 a month or $7,800 a year.
The typical senior applying has an income of only $780 a month in SSI plus Medicare. That would leave them with only $230 a month for utilities, food and medicine.
The City Council Tuesday approved an improvement agreement that outlines $200,000 worth of public improvements beneath and along North Grant Street that the San Diego firm building the complex behind Dribble’s Car Wash and Burger King has to make. The agreement is needed before the city can approve a building site plan.
When completed, there will be 211 subsidized senior housing units in Manteca between Magnolia Court, Eden Housing’s Almond Terrace, and Eskaton’s Manteca Manor.
There ultimately will be 1,505 age-restricted houses for those 55 and older including the 1,425-home Del Webb at Woodbridge neighbor now under construction and Manteca’s original age-restricted and gated community known as Camellia Gardens on East Yosemite Avenue that has 80 homes.
Manteca also has two age-restricted mobile home parks with 490 spaces.
Altogether, there are 2,206 age-restricted units either in place or in the process of being built. That represents just less than one out of ten of every housing unit in Manteca. The city had 23,000 housing units on Jan. 1, 2009.
The new project will provide managed housing to seniors with incomes at or below 50 percent of the county’s median income. That means if a resident has an income of $10,000 a year, the rent is only $3,000 annually. That is significant since the typical one-bedroom apartment in Manteca rents for $650 a month or $7,800 a year.
The typical senior applying has an income of only $780 a month in SSI plus Medicare. That would leave them with only $230 a month for utilities, food and medicine.
