New Homes Development

Christian Youth Foundation is seeking an investment partner in the development of new 3 bedroom manufactured homes. The Development will consist of 3 to 8 homes, depending on the site. Christian Youth Foundation has site plans and is currently in the process of obtaining financing and acquiring land.

The company manufacturing these houses and townhouses will be Silvercrest Western Homes Corp. Silvercrest is a subsidy of Champion Enterprises, Inc., the largest manufactured homebuilder in the country with 55 facilities in 18 states, and over a million homes built and sold. Silvercrest's houses and townhouses are designed with today's convenience, technology and designs. Silvercrest Homes are H.U.D and U.B.C approved. Because these homes can be built faster than conventional homes and they meet the standards of many cities, they can be ready for selling much faster than conventional homes. These homes offer all the modern convenience such as designer interiors, air conditioning, steelframing for strong foundation in earthquakes, fireplaces, water filtration systems, and tubular sun roofs. For more info. visit Silvercrest's web site at:http://www.silvercrest.com.

Requirements:
-- All investors will need to invest a minimum of 25% of the total project cost (land, labor and construction costs)
-- Proof of necessary funds

 

What's New?

 

Inking the Deal: Foundation President Arvy Goliday and area CB Maryann Soos

May 2001 MOU signed with Faith-Based Organization

An MOU was recently signed between CYF and the Los Angeles HUD Office to provide technical assistance in seeking funds to develop affordable housing for first-time, elderly and disabled homebuyers. After school tutoring will also be addressed for the community's low-to-moderate income youth