LOWDEN LANE

Redding, California 

Lowden Lane is a 61-apartment, age-restricted, affordable housing community in Redding, California, offering one- and two-bedroom apartments for extremely low, very low, and low-income senior households. All apartments are rent restricted for households earning 30 percent to 60 percent of Area Median Income (AMI).  

Lowden Lane was designed with seniors in mind – prioritizing comfort, safety, accessibility, and community. Located near public transportation and essential services, the development supports independence while reducing reliance on personal vehicles. 

Funding was made possible through a construction loan from Wells Fargo Bank, tax credit equity from R4 Capital, City of Redding CDBG-DR funds, and State of California IIG Funds. In a highly competitive funding environment, the City’s leadership and investment reflect a deep commitment to housing its most vulnerable residents and those displaced by the Carr Fire. Key partners include Sunseri Associates, Mogavero Architects, NorthStar Engineering, and numerous local subcontractors whose dedication and craftsmanship brought this energy-efficient, high-quality development to life. 

Financing for this property was syndicated by R4 Capital LLC, and it was developed by Affordable Housing Development Corporation (AHDC) and Central Valley Coalition for Affordable Housing, utilizing the 9 percent Low-Income Housing Tax Credit (Housing Credit).