Fomer HUD Secretary Cisneros and home builder Kaufman & Broad will joint venture to build infill projects in central city areas.
A joint venture to develop affordable residential communities in the central areas of several of the nation's largest cities, including Los Angeles, was announced by Henry Cisneros, former secretary of the Department of Housing and Urban Development, and Westwood-based Kaufman & Broad, one of the largest U.S. home builders. The first Southern California communities targeted for redevelopment include Huntington Park, Reseda, San Fernando, Sylmar, Santa Ana, Fullerton and Anaheim, as well as Inland Empire sites.
Thanks to Chris Steins
FULL STORY: Developer, Cisneros Link to Build Homes
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