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Penny Lane

Overview

These four homes are under development by CHIP, with an expected completion date in the spring. The funding for this project comes from Tri Counties Bank, North Valley Community Foundation, the Town of Paradise, and Wells Fargo.

This is not a self-help housing development. The homes will be built by CHIP and the homebuyers will be purchasing finished homes. Tri Counties Bank will be reviewing interested homebuyers for eligibility. To see if you may qualify, please contact:

Andreas Fellner
(530) 351-1918
andreasfellner@tcbk.com

Jeromy Rhoades
(530) 514-8988
jeromyrhoades@tcbk.com

Located at the intersection of Penny Lane & Rocky Lane, Paradise, CA 95969
  • Total Lots: 4
  • Available Lots: 4

Additional Information

Low $300,000s

Must be at or below 80% AMI, though higher incomes may be allowed for Camp Fire survivors.

You can view Butte County Income Limits here.

6456 Rocky Lane (Lot 1)
6456 Rocky Lane (Lot 1)
1328 Penny Lane (Lot 2)
1328 Penny Lane (Lot 2)

1328 Penny Lane (Lot 2)
1328 Penny Lane (Lot 2)
1334 Penny Lane (Lot 3)
1334 Penny Lane (Lot 3)
1334 Penny Lane (Lot 3)
1334 Penny Lane (Lot 3)
1340 Penny Lane (Lot 4)
1340 Penny Lane (Lot 4)
1340 Penny Lane (Lot 4)
1340 Penny Lane (Lot 4)
6456 Rocky Lane (Lot 1)
6456 Rocky Lane (Lot 1)

General Construction:

  • Central heating/air conditioning
  • Smoke detection alarms
  • 1 carbon monoxide alarm
  • Underground utilities
  • Pre-wired Cable TV/Telephone (2 each)
  • Fire sprinklers

Exteriors

  • CA NRFC Certified windows/Low-E vinyl
  • Laminated fiberglass asphalt roof shingles
  • Rain gutters over doorways
  • 6-foot cedar fencing
  • Front yard landscape per city/county requirements and State's Water Efficient Landscape Ordinance

Living Area

  • Vinyl flooring in bedrooms
  • Vinyl flooring in Living Room, Dining Room, Bathrooms, and Kitchen
  • White colored walls

Kitchen

  • Oak and particle board cabinets
  • Pilotless Ignition gas range/oven with hood
  • Acrylic countertops
  • Vinyl flooring
  • Two-compartment stainless steel sink
  • Garbage disposal
  • Dishwasher

Bath

  • Oak and particle board vanity cabinets
  • One-piece fiberglass tub in guest bedroom
  • One-piece fiber glass shower in master bedroom
  • Recessed medicine cabinet with mirror
  • Acrylic countertops
  • Vinyl flooring

Energy Conservation

  • CA NFRC Certified windows
  • Fully insulated walls and ceiling
  • Electric Heat Pump water heater (50 gal.)
  • Programmable thermostat
  • Water-conserving toilets and faucets
  • Dual-Fuel heating
  • High efficiency air conditioning
  • Solar Panels

Garage

  • Two-car garage, sectional roll-up metal door
  • Laundry area with gas hookups

How to Become a Homeowner

  1. REACH OUT – When we connect, we’ll talk about your current needs and help you navigate any hurdles. There is a lot we can do to get you ready to pursue homeownership.
  2. APPLY – Find the right neighborhood and apply. If you have any questions or concerns, don’t forget we are here to help.
  3. START YOUR JOURNEY – You’ll be grouped with 6-8 other homeowners and you’ll build together under the direction of CHIP’s experienced construction staff. You’ll complete all of the homes together (typically 14-18 months).
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