The Fountains at Sierra
Located at the intersection of Ceres and Sierra Avenues, The Fountains at Sierra is a continuation of the City of Fontana’s commitment to providing affordable senior housing in its downtown redevelopment area. Close proximity to existing retail, medical facilities, and the City’s transportation center, which includes a Metrolink and bus station were all important factors in the decision to continue developing affordable senior housing complexes in the downtown area. Several other partnerships have followed as a result of our success in downtown Fontana. These projects have not only changed the lives of the senior residents that call them home, but also have changed the character of Fontana’s downtown.
The overall design concept of The Fountains is similar to the original design model of the community, envisioned by the founder of Fontana, A.B. Miller. The projects are built in a California Mission style that blends gracefully with other downtown buildings.
The three story, ninety-three unit, security-gated, senior community includes seventy-five, one bedroom and eighteen, two bedroom homes. This development offers over 5,300 square feet of community and recreation areas, including a media center, library, full-sized fitness center, indoor and outdoor lounges, a pool and spa and a large BBQ deck with picnic seating. A pool room and a spacious community room complement the amenity package.
The homes are provided to seniors whose income ranges between 30% to 50% of the area median income. Resident social services are provided to all residents as well as planned activities, events, and seminars.
Community
The Fountains at Sierra |
Address/location
16946 Ceres Avenue |
City
Fontana |
Construction Type
New
Property Type
Three story double loaded corridor
Resident Population
Senior
Financing
Tax credit Equity – $9,179,000
Permanent Loan (CCRC) – $1,360,000
Gap Loan (FHA) $2,500,000 |
