City of La Verne Agenda Packet 2026-06-15
Affordable Housing Agreement Approved for Heritage on White
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Description
The City of La Verne and MW Investment Group, LLC entered into an Affordable Housing Agreement requiring three units of the Heritage on White project to be affordable for 45 years.
Contract Details
Vendor
MW INVESTMENT GROUP LLC
Agency
City of La Verne, CA
Contract Type
OTHER
Document Date
June 15, 2026
Contract Term
45 years
Renewal Date
2071-06-15
Renewal Info
Initial agreement sets a 45-year compliance period restricting resale and eligibility for the affordable units.
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