Glendale Arts Colony-YMCA Groundbreaking Event held on Feb. 18, 2015

Glendale Arts Colony; $30 Million A&E District Revitalization Project to Support Creative

Community & Provide Affordable, Financially & Environmentally

Sustainable Housing to Families of Working Artists

A Vital Part of the Glendale Community Since 1922, the YMCA Will

Also Undergo Approx. $5.5 Million Remodel & Parking Expansion



GLENDALE, Calif. — Feb. 18, 2015 — The YMCA of Glendale, in partnership with the City of Glendale, EngAGE and Meta Housing Corporation, is transforming part of its 2.2 acre campus in the heart of Glendale into a mixed-use development that, in addition to providing affordable housing with an artist preference, features a professional gallery, expands the footprint of Glendale’s burgeoning arts and entertainment district, improves the YMCA’s parking and circulation and provides the Y with capital for long-term improvements. Made possible with the highly competitive award of low-income housing tax credits and financing from Bank of America, the $30 million, 70-unit, financially and environmentally sustainable Glendale Arts Colony (located at 121 N. Kenwood St.), to be developed and operated by Meta, will provide affordable housing with a preference to families of working artists who earn 60 percent or less of median area income. The facility will also feature a ground-floor art gallery open to the community.


We Fund Your Projects! We have Off Market Closed Sale Properties and Revenue Generating Businesses for Sale! kellencapital.com

Get the Funding Your Business Needs! AmeriFunding.Net Get Business Cash Now! amerifunding.net

What Next?

Related Articles