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PRESIDENT'S MESSAGE |
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As summer comes to a close, I'm thrilled to
announce that U.S. Bank has made an
equity investment of $1 million in Jamboree to
facilitate the creation of affordable housing. Jamboree has a long history with U.S. Bank
as a partner in construction, permanent
financing and grant support for our resident
services program. This investment takes our relationship to the next level. Over time, these funds will produce thousands of new homes affordable to those historically underserved in the marketplace.
That's why U.S. Bank is highlighted as our "Featured Partner" below, along with other items of note from a very productive summer. As always, we value your feedback and hope to hear from you soon.
Laura Archuleta
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WHAT'S NEW... |
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In July, more than 65 community leaders gathered in Long Beach to celebrate the grand opening of Puerto del Sol, a community with 64 homes that will rent for less than $750 a month. A four-story community featuring two-, three- and four-bedroom, apartment homes and two-story town homes, Puerto Del Sol is a testament to Jamboree's dedication to innovative design and planning solutions. All units include wiring for high-speed Internet access and personal security systems, private balconies and energy-efficient appliances.

In August, with a crowd of nearly 100 supporters, Jamboree celebrated the grand opening of Monarch Pointe Apartment Homes, part of the revitalization of the Central Anaheim Neighborhood. Monarch Pointe provides housing for 63 families who earn 30% to 60% of the area median income. "We look at this community as a great example of affordable housing for our city," stated Mayor Curt Pringle, City of Anaheim. "With properties like Monarch Pointe, we are building a new future for our city."
Staff News
Nichole Palmer and Mary Jackson have joined Jamboree as Asset Coordinators. Nichole brings with her more than 10 years of Community and Property Management experience. Mary has worked for more than a decade in Accounting and Management. Jamboree welcomes Barbara Galvez as Central So Cal Regional Supervisor. Barbara has extensive experience in the Southern California social services sector, working with Probation departments and Substance Abuse Counseling programs. ThuyVy Nguyen has come aboard as Jamboree's new Senior Accountant. Most recently, ThuyVy served as Staff Auditor for BDO Seidman, LLP in Costa Mesa. Also joining the ranks is Patty Humphreys. Patty has ten years of grant writing experience, as well as an MBA from New York University, supporting both Jamboree and Housing with HEART in her new role as Grant Writer.
Featured Partner: U.S. Bank
U.S. Bank, the nation's sixth-largest commercial bank, takes pride in being a catalyst for positive change. By investing time, knowledge and resources, U.S. Bank responds to the financial needs of all members of its community. U.S. Bank's strategies and objectives exemplify leadership in the area of Community Reinvestment and have earned them a CRA rating of "Outstanding". To learn more about U.S. Bank, its mission, its services and its employees, visit usbank.com.
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IN THE NEWS... |
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As part of Long Beach's annual Affordable Housing Week, Puerto del Sol's Grand Opening made front-page headlines in the Long Beach Press Telegram and was covered on television by Channels 4 and 7 as well as local cable.
Laurel Crest in Lancaster is featured in the Spring edition of Green Business Quarterly. Affordable Housing Finance recognized Jamboree as one of the Top 50 Affordable Housing Developers nationwide.
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GOOD NEWS... |
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Monarch Pointe has been recognized by Anaheim Beautiful as the 2008 Multifamily Residential Property Award winner.
Housing with HEART's ability to transform a Jamboree property from a house to a resident's home begins at the "Heartwarming," a welcoming and orientation event held for all residents. At Puerto del Sol's Heartwarming in July, Housing with HEART's Resident Services Coordinator, Lucy Barraza, was joined by the property management team, Jamboree corporate staff and key community partners - including the Long Beach Community Action Partnership - in welcoming residents with food, fun and facts. "How To" topics included: new home and appliance maintenance, onsite services for families and students, and tips on accessing the City's established network of community programs. |
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YOUR VIEWS |
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Congratulations to Johanna Gullick, Vice President Community Development Finance at Union Bank of California. Johanna won the $25 gift card drawing for sending us her great feedback on our Impact Report in June.
Contact Information
Phone: 949-263-8676
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