Innovative Housing Opportunities, Inc.
Affordable housing developer Innovative Housing Opportunities (IHO) is pleased to announce the groundbreaking for The Aspire this April. This new community is approximately a mile from Riverside City College, which has been actively engaged in its planning. The Aspire was conceived in response to the growing need for stable housing for transition-aged youth (young adults aging out of the foster care system) and unhoused young people in Riverside community colleges.
The Aspire is situated at the corner of 3rd Street and Fairmount Boulevard in a residential community within walking distance to the burgeoning downtown Riverside scene, including access to a weekly farmers market, cultural landmarks, and plentiful job opportunities. The $25-million development will offer 33 furnished, one-bedroom units, each approximately 450 square feet, with a patio/deck. “These apartments will provide the ability to live independently, with dignity and safety,” says Rochelle Mills, President and CEO of IHO, which is the owner, developer, and managing general partner of The Aspire.