Aurora Village II

Construction Start: October of 2003

Completion: December of 2005

43945 12th Street West, Lancaster

140 Units, 3 Story, Handicap Accessible, Low and Very Low Income

Senior Independent Living

4% Low Income Housing Tax Credits, Tax Exempt Bond Funding

$16,433,000 Total Project Cost

Charter Mac Permanent Lender, Related Capital Company Equity Partner

Developer and General Partner: William Wagner

General Partner: Area Housing Authority of the County of Ventura LLC

Managing General Partner: Santa Barbara Housing Assistance Corporation

Aurora Village II is immediately adjacent to Aurora Village, developed five years earlier, and is part of the senior campus with two additional planned phases to include licensed assisted living, congregate care, and additional independent living units. Aurora Village II provides a rich list of amenities for its residents including a large spa, beauty parlor, game and computer rooms, exercise room, chapel and meeting areas.