Introduction to Rovina Lane Apartments: An affordable housing project
November 8. 2023
This event has passed, but you can watch the recording above!
Rovina Lane Apartments is a 32-unit 100% affordable development at the corner of Rovina Lane and Jacquelyn Lane in southwest Petaluma. It is intended to house families earning between 30-60% of Area Median Income.
Join Armony Companies principal, Lauren Alexander, for a walkthrough of the project site plan and renderings for a 3D visual introduction to the completed project.
The forum will explore the following questions:
What is tax credit affordable housing?
How do we determine the affordability of the units
What is "AMI"?
Who will own and operate the project?
How will it be run and maintained?
Why did Armory Companies choose this site in this neighborhood?
What are the site constraints and opportunities?
Who will live here and why does that matter?
Meet our speaker
Lauren Alexander is the founder of The Armony Companies, a group of companies that comprise Armony Development, Armony Construction Corporation, and Armony Brokerage. Armony Development and Construction focus on the development of multifamily affordable housing projects in California.
Armony's development partner is The Pacific Companies which was ranked the top affordable housing development firm in the US in 2022. Lauren focuses on site analysis and acquisition, project design and entitlements, and local financing in the development process. She has been a resident of Sonoma County since 2018 and develops projects throughout the County and Northern California.
