Envy Apartment

AGOURA, CA - AMCAL Multi-Housing, one of California's leading builders of workforce and affordable housing , has just announced plans for two new, apartment developments in Los Angeles stemming from the recent funding from California Tax Credit Allocation Committee (TCAC). TCAC funding will be used by AMCAL to finance the Argyle Apartments, a 40-unit development in Hollywood, and the Terracina Apartments, a 72-unit development in South LA. Construction on both is set to begin this Fall. "Our success in receiving these awards is a result of our ability to develop adequate soft funding , which made our applications competitive and demonstrated a readiness to proceed with the development," said Percival Vaz, chief executive officer of AMCAL. "We have also been able to secure equity investors and permanent lenders enabling us to move forward, whereas with the economy still struggling other developers without strong backgrounds and investor relationships have ha...

AMCAL’s new Southern Los Angeles County community has high- efficiency appliances and low-irrigation landscape Screen Shot 2014-07-23 at 4.29.29 PM AGOURA HILLS, Calif. - July 23, 2014 - PRLog -- AGOURA HILLS, CALIF. - AMCAL Multi-Housing, one of California’s leading builders of workforce and affordable housing, announces the planned LEED Gold certification for the new apartment community , Terracina in South Los Angeles County . Terracina is AMCAL’s fourth LEED Gold development since 2011, along with four Platinum and two Silver apartments qualifications . To achieve LEED Gold , AMCAL created a community with a range of unique green features : - 27% reduction in energy use - 70% of construction waste was diverted from landfills - Water- efficient flow fixtures to reduce indoor indoor water use - ENERGY STAR appliances installed to reduce energy loads - Storm water runoff managed by increasing vegetative landscaping , directing impermeable surfaces towards infiltration feat...