The Ratkovich Company (TRC) announced their intention to use the “builder’s remedy” provision under California state law in order to secure permits and begin construction on the 790-unit Villages at The Alhambra. After nearly six years of attempting approval through standard City of Alhambra processes, spanning more than 20 public hearings, TRC chose this route.
Brian Saenger, President & CEO of TRC commented: “Alhambra’s anti-housing policies are evidenced by the fact that only 35% of housing units required between 2013 and 2021 were permitted (and essentially none for people with very-low, low or moderate incomes). What is even more troubling is that median home prices in Alhambra have skyrocketed to nearly $840,000 over this same period.”
The Villages will include 158 affordable housing units at a low income level which meets requirements for builder’s remedy – allowing projects bypass zoning regulations if they provide either 20% low income affordable units or 100% moderate income affordable units.
