Affirmed Begins Construction on North Fair Oaks Affordable

Affirmed Begins Construction on North Fair Oaks Affordable
News| September 5, 2025| Paul Bubny
California & West + Apartment Buildings

Affirmed Housing has begun construction on Monarch at Redwood, a $70.4-million affordable housing community located in North Fair Oaks. Once completed, Monarch will feature 86 apartment homes with onsite services and amenities for households earning less than 60% of the area median income.

“Our goal with Monarch is to strengthen North Fair Oaks by providing housing and support that allow residents to stay close to friends, schools, and the local businesses, keeping the heart of the community vibrant and inclusive,” said Jimmy Silverwood, president at Affirmed Housing. “This project will create homes where people can truly put down roots. We’re grateful to all our partners who share this vision and help make it possible.”

Of the total 86 apartments, 39 are designated Permanent Supportive Housing for residents participating in Healthy Housing California and Mental Health Services Act programs, according to Affirmed Housing.

From capital markets and financing trends to development, acquisitions, and property management strategies, Connect Apartments on September 11 in Los Angeles dives into the issues shaping today’s multifamily landscape. Join the experts leading conversations on affordability, innovation, market dynamics, and investment opportunities—all in one day, under one roof. If you want the latest insights that drive decisions in apartments, this is where you’ll find them: www.connectapts2025.com 

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