USA Properties Fund Inc. recently celebrated the grand opening of Liberty at Aliso, an affordable senior community in Aliso Viejo in southern Orange County.
The 200-apartment community offers affordable housing for those 55 years and older who meet income requirements. Despite the affordable rent – about half the cost of nearby market-rate units – Liberty at Aliso offers a long list of amenities, including a clubroom with a business center, pool fitness center and courtyards with seating areas and barbecues.
Liberty at Aliso, located at 100 Freedom Lane near Aliso Viejo Parkway, is close to health providers, shopping centers, restaurants, recreational areas, and State Route 73, which provides an easy connection to Interstate 5. Liberty at Aliso is across the street from Vintage at Aliso, another USA Properties affordable senior community that opened in 2017.
“We are proud of adding this new community … and appreciate the diversity and beauty that both Liberty at Aliso and its sister property, Vintage Aliso, bring to our city,” said Aliso Viejo Mayor Ross Chun said. “Affordable communities like these bring greater opportunities for choice and quality of life for seniors, and Liberty at Aliso is a shining example that we will cherish for many years to come.”
Aliso Viejo City Councilman Bill Phillips said the property was originally slated for a mail-sorting facility, but Liberty at Aliso helps the city ease the demand for more affordable housing to hundreds of low-income residents.
“We're glad that we could build two apartment communities in Aliso Viejo that help address some of the need and provide seniors with high-quality housing,” said Geoff Brown, President of USA Properties.
USA Properties partnered with Foundation for Affordable Housing, a Laguna Beach-based nonprofit organization, Citi Community Capital and Boston Financial Investment Management on the $64.6 million project.
“It takes so many people working together to develop a community like Liberty at Aliso,” Brown said. “It also requires a lot of hard work and much patience, but the end result is definitely worth the effort and time.”
The four-level apartment community offers affordable housing for residents 55 years or older with household incomes between 50% and 60% of the area median income for Orange County. Income limits range from $41,550 to $76,920, depending on the floor plan and how many people live in the unit.
Liberty at Aliso offers 88 one-bedroom apartments and 112 two-bedroom apartments. Rents start at $990 for a one-bedroom apartment.
Apartments at Liberty at Aliso feature a balcony or patio; ceiling fans; energy-efficient appliances and light fixtures; kitchen pantries; low-flow faucets, shower heads and toilets; walk-in closets; washer and dryer hookups, and roll-in showers in some units. Residents also have access to on-site social services.
“We love it. It's gorgeous out here,” said Joan Leveen, who moved with her husband into Liberty at Aliso in summer 2019. “Everyone is so friendly. The neighbors, the staff are wonderful. It's a new beginning, a new place to call home.”