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DELANO, CA-Construction has started on the 70-unit BelmontMeadows Apartments, the latest in growing portfolio of CentralValley affordable communities developed by Long Beach-based SimpsonHousing Solutions. The complex will include what Simpson describesas "large, hard-to-find units of three and four bedrooms" that willrange from 1,058 sf to 1,217 sf.

Simpson is partnering with the nonprofit LINC Housing ontheproject, the total development cost of which is $14.16million.Financing consists of an allocation of $11.6 million infederal low-income housing tax credits, a permanent loan of $1.46million and a developer note of $1.09 million.

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