“We have inclusionary housing requirements [in Burbank],” he said. “New structures must either provide affordable housing units or pay into a fund.”
The city is also partnering with the Burbank Housing Corp. to make units available to low-income families, Golonski said.
But potential Burbank Collection residents don’t seem to mind the price tag.
Since the Burbank Collection began listing units for sale last year, they have sold 60% of the 118 homes, Koski said.
Future residents seem to be a mix of many professions and age groups, she said.
“The buyers have been really mixed,” Koski said. “We have some empty-nesters, newly engaged couples, retired people and a lot of industry folk.”