After exactly a year after ground breaking, Jamboree Housing Corp. celebrated the grand opening of The Arbor at Woodbury in Irvine. The property was completed ahead of schedule and under budget despite the economic downturn in real estate, and is now home to 90 families.
The Arbor at Woodbury offers high-quality workforce housing to families who earn between 30% and 60% of the area median income. For example, a family of four earning $46,500 (50% of area median income) will pay about $1,140/month in rent for their three-bedroom home.