Celadon was the first building in California to receive both 9% and 4% LIHTC. To use the respective tax credits, BRIDGE divided the building into two projects, floors 1-7 and 8-17. The $74.7 million, 250-unit, multigenerational development includes 25 units for youth aging out of foster care and adults under the Mental Health Services Act, 63 units for seniors in the Program of All-Inclusive Care for the Elderly (PACE) program, with the remainder for workforce housing. The LEED Gold certified project includes an eco-roof, solar panels, and drought tolerant landscaping.
Celadon at 9th and Broadway
