Affordable Housing Preservation at Chatham Village Apartments
Tustin
Summary
A developer is buying the 350-unit Chatham apartment complex on McFadden, where 212 affordable units were set to lose their covenants at the end of next year. The new owner plans rehab work and extending the affordability covenants — good news for those residents.
At a glance
- Total mentions
- 2
- Last 30 days
- 2
Discussed at 2 meetings in the last 60 days; most recently Oct 27, 2026.
Impact analysis
212 affordable units that were set to convert to market rate may stay affordable beyond 2027.
The 212 households in affordable units at the Chatham apartments.
Mentions & discussions (2)
Planning Commission Meeting - Oct 27, 2026
A developer is buying the 350-unit Chatham apartment complex on McFadden, where 212 affordable units were set to lose their covenants at the end of next year. The new owner plans rehab work and extending the affordability covenants — good news for those residents.
Regular Meeting of the City Council/Special Closed Session-5:30 pm/Regular Meeting - Oct 20, 2026
The council approved tax-exempt bond financing to help fund renovations at Chatham Village Apartments, ensuring the complex remains affordable housing without risking city funds.
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