Palm Springs affordable housing community secures $21M from state A new Palm Springs community has secured $21 million from the state to develop what officials say is the first affordable housing complex to be built in the city in more than a decade. The Monarch Apartment Homes is set to be built on a more than 3.5-acre lot on the north end of the city, at the corner of Indian Canyon Drive and San Rafael Place. "This is a new way to look at affordable housing," said Joy Silver, Southern California's regional director of the nonprofit affordable housing developer Community Housing Opportunities Corp., AKA "CHOC."