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DEVELOPER ACTIVITIES
Completed Projects
In the Works
Financing Practices
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Completed
Projects
(Project are listed in order of
their completion date)
Opportunity Center of the
Midpeninsula
33 Encina Avenue
Palo Alto, CA 94301
Year Completed: 2006
Development Type:
89 units for homeless/near homeless;
new construction
Total Cost:
$21,436,662
Financing:
CA HCD, County of Santa Clara -
Affordable Hsg Fund, County of Santa Clara - HOME, City of Palo Alto - Hsg
Reserve Fund and CDBG funding, Santa Clara County Hsg Trust Fund, San Mateo
County - HOME and CDBG, HUD McKinney Grant, CWG loan and grants (donations from
foundations and individuals, Limited Partner Equity Contributions, tax
exempt private activity bonds.
Description: Opportunity
Center is a one-of-a-kind development, providing homeless and near homeless
households with permanent housing and extensive services, including case
management, on-site medical clinic, computer stations, library, food
distribution window, clothes closet, and separate housing and laundry facilities
for families and individuals.
John Burns Gardens
820 Agnew Road
Santa Clara, CA 95054
Year Completed: 2003
Development Type:
100 units for seniors; new construction
Total Cost:
$16,241,248
Financing:
Tax exempt bonds, Union Bank of
California
Description: John Burns Gardens, named in honor of retired Executive Director of the Housing
Authority who led the agency for more than 30 years, is one of three projects
built by the Housing Authority that are designated as the affordable housing
component of the Rivermark Master-Planned community at the old Santa Clara
Agnews Hospital site. The development plan includes more than 1,800 homes, a new
park, elementary school, retail and commercial center, Safeway market,
restaurants and more.
MORE
DETAILS/PHOTOS OF JOHN BURNS GARDENS
RiverTown
1340 Hope Drive
Santa Clara, CA
Year Completed: 2003
Development Type:
100 units; Family Housing;
New construction
Total Cost:
$22,543,125
Financing:
Tax exempt bonds, Union Bank of
California
Description:
RiverTown is one of three projects built by the
Housing Authority that are designated as the affordable housing component
of the Rivermark Master-Planned community at the old Santa Clara
Agnews Hospital site. The development plan includes more than 1,800 homes,
a new park, elementary school, retail and commercial center, Safeway
market, restaurants and more.
MORE
DETAILS/PHOTOS OF RIVERTOWN APARTMENTS
El Parador
2565 Bascom Ave.
Campbell, CA 95008
Year Completed: 2002
Development Type:
125 units; Senior Housing;
New construction
Total Cost:
$19,611,899
Financing:
City of San
Jose funded mortgage loans with Union Bank of California letter of credit for
senior loan and 15-year subordinated loan; City of San Jose subordinated
construction/permanent financing; Newport Investments and Verizon, Inc., as 4%
tax credit equity investors.
Description:
MORE DETAILS/PHOTOS
OF EL PARADOR
Helzer Court Apartments
2960
MacIntyre Drive
San Jose, CA 95136
Year Completed: 2000
Development Type:
155 units; Family Housing;
New construction
Total Cost:
$34,121,828
Financing:
Tax-Exempt Bond financed and Tax Credit
Assisted (No HUD Funding)
Description:
The outstanding
hillside location of Helzer Courts influenced its housing design with units reminiscent of early 20th
century San Francisco townhouse flats. Helzer is the first project to be
developed on the prominent Communications Hill in San Jose and provides a
neighborhood that is safe and secluded yet still adjacent to major
thoroughfares, employment and services. A two-car garage and laundry hood-ups
for each unit, along with 3 separate lush courtyards where children can play
near home and parents can easily supervise, give the units at Helzer a
single-family home appeal.
MORE
DETAILS/PHOTOS OF HELZER COURTS APTS.
Blossom River Apartments
1000 Blossom River Way
San Jose, CA 95123
Year Completed: 1999
Development Type:
144 units; Family Housing;
New construction
Total Cost:
$25,106,091
Financing:
Construction financing was provided
by Union Bank of California, the City of San Jose and the Housing Authority.
Permanent financing was provided by a combination of tax exempt bonds,
the City of San Jose and Union Bank of California as the low income housing tax
credit investor.
Description:
This 144-unit development houses families in a convenient, job-abundant
location near the busy Oakridge Mall and within a block of the light rail
station. The development's pleasing earth tone colors and impeccable
landscaping add great aesthetic value to the neighborhood.
MORE
DETAILS/PHOTOS OF BLOSSOM RIVER APTS.
Villa Hermosa
1640 Hermocilla Way
San Jose, CA 95116
Year Completed: 1999
Development Type:
99 units; Senior Housing;
New construction
Total Cost:
$11,043,834
Financing:
Union Bank of California construction loan and Citibank mortgage; City of San
Jose loan; Fannie Mae as 9% tax credit equity based investor; City of San Jose
subsidy loan.
Description:
Villa Hermosa is one
of several land uses located on the site of an old golf course in San
Jose. Perfectly situated for senior housing, the development is flanked
by a public park, 9-hole public golf course and new ownership housing.
Health facilities and shopping centers, as well as major freeways, are
also nearby.
MORE
DETAILS/PHOTOS OF VILLA HERMOSA
The Willows
898 Paula Street
San Jose, CA 95126
Year Completed: 1999
Development Type:
47 units; Family Housing; Rehabilitation
Total Cost:
$6,250,137
Financing:
Description:
The Willows is another example of how the Housing Authority serves struggling
communities by purchasing aging housing and performing substantial improvements
to the property in order to preserve affordable housing for low income tenants.
MORE DETAILS/PHOTOS OF
THE WILLOWS
Deborah Drive Apartments
2215 Deborah
Drive
Santa
Clara, CA
Year Completed: 1998
Development Type:
20 rental units; Family Housing;
Acquisition/Rehabilitation
Total Cost:
$1,781,798
(Deborah Apts. & Miramar Apts. combined)
Financing:
Description:
The Housing
Authority's acquisition and rehabilitation of Deborah Drive Apartments
brought these units up to code and converted them to public housing,
keeping them available for low- and very low-income families.
MORE
DETAILS/PHOTOS OF DEBORAH DRIVE APTS.
Miramar Apartments
3761
Miramar Way
Santa
Clara, CA 95051
Year Completed: 1998
Development Type:
16 units; Family Housing;
Acquisition/Rehabilitation
Total Cost:
$1,781,798
(Miramar Apts. & Deborah Apts. combined)
Financing:
Description:
The Housing
Authority's acquisition and rehabilitation of Miramar Apartments
brought these units up to code and converted them to public housing,
keeping them available for low- and very low-income families.
MORE
DETAILS/PHOTOS OF MIRAMAR APTS.
Huff Gardens
3021
Huff Avenue
San
Jose, CA 95128
Year Completed: 1997
Development Type:
72 units; Family Housing;
New construction
Total Cost:
$10,818,284
Financing:
The unique permanent financing
program for the project centered around the HUD Community Investment
Demonstration Program which provided a 15 year project-based Section 8 rent
subsidy contract used to leverage a Cal-Pers funded, equitable Real Estate
originated, permanent loan.
Additional permanent financing was provided by the City of San Jose while
low income housing tax credit based equity was provided by an affiliate of
Edison Capital Corporation.
Construction financing was provided by Union Bank of California, the City
of San Jose and the Housing Authority.
Description:
This 72 unit family
apartment complex was a joint venture between the Housing Authority and an
affiliate of the Rotary Club of San Jose. The Rotarians stocked the
resident library with books, sponsor youth activities and hold an annual summer
picnic and Christmas dinner annually for the residents.
MORE
DETAILS/PHOTOS OF HUFF GARDENS
Eklund Gardens
2002 Halford Ave.
& 3780 Poinciana
Ave.
Santa Clara, CA
95051
Year Completed: 1997
Development Type:
16 units; Family Housing; New construction
Total Cost:
$2,461,944
Financing:
Description:
This elegant
low-income housing development is located in a quiet residential area of Santa
Clara and was named in honor of the late Carl Eklund, a strong advocate of
affordable housing and a long-time member of the Housing Authority's Board of
Commissioners.
MORE
DETAILS/PHOTOS OF EKLUND GARDENS
Klamath Gardens
2051
Klamath Avenue
Santa Clara, CA
95051
Year Completed: 1997
Development Type:
17 units; Family Housing; New construction
Total Cost:
$3,001,812
Financing:
Tax Credit Assisted
Description:
Klamath Gardens is
located in Santa Clara and is the companion complex to Eklund
Gardens. This attractive development features easy access to Lawrence
Expressway, a major thoroughfare leading to major employment, recreational and
shopping centers.
MORE
DETAILS/PHOTOS OF KLAMATH GARDENS
Villa Garcia
7213
Clarendon Street
San Jose, CA 95129
Year Completed: 1997
Development Type:
80 units; Family Housing;
Acquisition/Rehabilitation
Total Cost:
$3,205,457
Financing:
Description:
The Housing Authority was asked by HUD to take over Villa Garcia, a HUD-financed
development that was fast deteriorating due to mismanagement and deferred
maintenance. After extensive interior and exterior rehabilitation, and
implementation of the Housing Authority's anti-drug policy, the residents now
have safe, decent housing.
MORE
DETAILS/PHOTOS OF VILLA GARCIA
Poco Way Apartments
1900
Poco Way
San Jose, CA 95116
Year Completed: 1996
Development Type:
128 units; Family Housing;
New construction and Rehabilitation
Total Cost:
$11,933,929
Financing: Union
Bank of California construction loan and California Community Reinvestment
Corporation mortgage; Edison Capital as 9% tax credit based equity investor;
City of San Jose subsidy loan.
Description:
Coordinating its effort with the City of San Jose, local businesses and
community organizations, the Housing Authority implemented a
revitalization effort that collectively took on the fight to end crime,
gang activity and slum housing conditions at Poco Way. The two-year effort included major physical
rehabilitation, new construction, critical community work by Project Crackdown,
a drug and gang prevention program, and the establishment of a neighborhood
service center at Poco Way.
MORE
DETAILS/PHOTOS OF POCO WAY APTS.
Bracher Senior Apartments
2665 South Drive
Santa Clara, CA 95051
Year Completed: 1995
Development Type:
72 units; Senior Housing;
New construction
Total Cost:
$7,447,988
Financing:
Union Bank of California construction loan and SAMCO mortgage; Edison
Capital as 9% tax credit equity investor; Santa Clara Redevelopment Agency
subsidy loan.
Description:
The design of Bracher Apartments reflects its unique
historical context. The Bracher family sold its longstanding ranch
specifically for the creation of senior housing. It was a natural, then,
to create a traditional farmhouse theme, emphasizing comfort and beauty.
This design supports the active residents at Bracher, who take full advantage of
the community room, kitchen and library for their clubs and classes.
MORE
DETAILS/PHOTOS OF BRACHER SENIOR APTS.
Pinmore Gardens
1706 Branham Lane
San Jose, CA 95118
Year Completed: 1995
Development Type:
51
units; Family Housing;
New construction
Total Cost:
$7,226,156
Financing:
City of San
Jose; Citibank; Union Bank and Mission First Financial
Description:
Pinmore Gardens required a sophisticated land assembly effort to
convert the underutilized site previously owned by multiple public sector
owners, including the California Transportation Department and the Santa Clara
County Traffic Authority. The conversion of the site resulted in a new and
more serviceable subdivision map for the area.
MORE
DETAILS/PHOTOS OF PINMORE GARDENS
Arturo Ochoa Migrant Farmworker
Center
901 Arizona Circle
Gilroy, CA 95020
Year Completed: 1995
Development Type:
100 units; Migrant Farmworker Family Housing; Rehabilitation
Total Cost:
Financing: State
of California HCD Office of Migrant Services Proposition 84 Grant; County
Community Development Block Grant (CDBG) loan; City of Gilroy CDBG loan; County
Housing Trust Fund; Housing Authority grant; and Grant from South County Rotary
Clubs.
Description: The Migrant Housing
Center was first developed in 1969 using buildings and operational
funding provided by the State. The Housing Authority has operated
the Center since its creation and rebuilt and upgraded the development
in 1995. From May to October, the Center provides a housing
community for migrant families who have on-site access to medical
services and an infant care center. During the off-season, the
Center is used by the Emergency Housing Consortium as a shelter for
homeless families.
MORE
DETAILS/PHOTOS OF ARTURO OCHOA MIGRANT CENTER
San Jose Rotary
Plaza's
Morrone Gardens
1107 Luchessi
Drive
San
Jose, CA 95118
Year Completed: 1994
Development Type:
102 units; Senior Housing;
New construction
Total Cost:
$8,696,856
Financing:
Tax Credit Assisted
Description:
In developing Morrone Gardens, the Housing Authority
partnered with the San Jose Rotary Club, whose contribution of funds and
services has greatly improved the qualify of life for the residents. As part of
their services, Rotary Club members hold an annual summer barbecue for Morrone
residents.
MORE
DETAILS/PHOTOS OF MORRONE GARDENS
Julian Gardens
319 North
8th Street
San Jose, CA 95112
Year Completed: 1994
Development Type:
9 units; Family Housing;
New construction
Total Cost:
$3,791,750 (includes funding for Julian Gardens
AND sister-development Lucretia Gardens)
Financing: HUD Conventional Public Housing Grant; City of San Jose loan.
Description:
Julian Gardens and its sister development Lucretia Gardens represents the standard in
public housing built by the Housing Authority. These developments are
beautiful townhomes that complement their surroundings and defy the
stereotypical image of high density, run-down public housing projects.
MORE
DETAILS/PHOTOS JULIAN GARDENS
Lucretia Gardens
2020 Lucretia Avenue
San Jose, CA 95122
Year Completed: 1994
Development Type:
16 units; Family Housing; New construction
Total Cost:
$3,791,750
(includes funding for Lucretia Gardens AND sister-development Julian Gardens)
Financing:
HUD Conventional
Public Housing Grant; City of San Jose loan.
Description:
Lucretia Gardens and its sister development Julian Gardens represents
the standard in public housing built by the Housing Authority. These
developments are beautiful townhomes that complement their surroundings and defy
the stereotypical image of high density, run-down public housing projects.
MORE
DETAILS/PHOTOS OF LUCRETIA GARDENS
Avenida Espaņa
Gardens
181 Rawls
Place
San
Jose, CA 95139
Year Completed: 1993
Development Type:
84 units; Senior Housing;
New construction
Total Cost:
$10,719,247
Financing:
Low Income
Housing Tax Credit (LIHTC) based syndication of limited partnership
interest to Mission First Financial; Land acquisition loan from City of San Jose
to Housing Authority and City operating subsidy loan to Partnership; Union Bank
letter of credit secured variable rate demand bond issue; and State Housing
Construction Development (HCD) Rental Housing Construction Program (RHCP) loan.
Description:
This award-winning senior housing development is located next to the
hills of South San Jose and features a library and large interior
courtyard.
MORE
DETAILS/PHOTOS OF AVENIDA ESPANA GARDENS
San Pedro Gardens
16716
San
Luis Way
Morgan Hill, CA
95037
Year Completed: 1992
Development Type:
20 rental units; 16 self-help purchase units; Family Housing;
New construction
Total Cost:
$7,462,742
Financing: Bank of America, California HCD (RHCP), the Redevelopment Agency of the City
of Morgan Hill, the County of Santa Clara, the Housing Authority of the County
of Santa Clara, SAMCO and Edison Capital as the limited partner
investor in the tax credit based syndication.
Description:
This spacious 36-unit townhouse complex includes 20 contractor-built units
leased to very low income families, and 16 "sweat-equity" homes purchased by low
income home buyers who helped build their own home.
MORE
DETAILS/PHOTOS OF SAN PEDRO GARDENS
Villa San Pedro
282 Danze
Drive
San Jose, CA 95111
Year Completed: 1992
Development Type:
100 units; Family Housing; Acquisition/Reabiliation
Total Cost:
$7,715,811
Financing:
Description:
Prior to rehabilitation, Villa San Pedro had numerous legal and financial
problems and was well-known as a housing eyesore in the area. The Housing
Authority acquired the 100-unit property through a bankruptcy sale and conducted
substantial rehabilitation, including the addition of a community building that
features a Head Start facility. Villa San Pedro was a bold start for the Housing
Authority's venture into preserving and upgrading affordable housing, and was
soon followed by the more substantial and challenging Poco Way revitalization
project in East San Jose.
MORE
DETAILS/PHOTOS OF VILLA SAN PEDRO
De Rose Gardens
1401 De Rose Way
San Jose, CA 95126
Year Completed: 1989
Development Type:
76
units; Senior Housing;
New construction
Total Cost:
$6,536,920
Financing: Combination
of subsidy loans from the City of San Jose, Bank of America construction
financing, SAMCO permanent financing, a Housing Authority gap loan, limited
partner capital contributions from a partnership affiliated with Southern
California Edison, and an investor benefiting from the federal and California
low income housing tax credits project owners are eligible to receive.
Description:
The award-winning De Rose Gardens, like all senior developments built by
the Housing Authority, provides a secure building, on-site management,
beautiful grounds and a friendly community where the elderly and persons
with disabilities feel protected and comfortable. A central community
room brings residents together to socialize, hold meetings, or take free
computer classes.
MORE
DETAILS/PHOTOS OF DE ROSE GARDENS
Lenzen Gardens
893 Lenzen
Avenue
San
Jose, CA 95126
Year Completed: 1984
Development Type:
94 units; Senior Housing;
New construction
Total Cost:
$4,414,781
Financing: 100%
HUD financed
Description:
Lenzen Gardens provides a tranquil setting for
seniors and persons with disabilities. A large central courtyard provides a
great place to sit and enjoy the morning sun or chat with a neighbor. Residents
can also make themselves at home in the adjacent recreation room by watching
television or playing a game of pool.
MORE
DETAILS/PHOTOS OF LENZEN GARDENS
Cypress Gardens
3555 Judro
Way
San Jose, CA 95117
Year Completed: 1984
Development Type:
125 units; Senior Housing;
New construction
Total Cost:
$6,977,803
Financing: 100%
HUD financed
Description:
Cypress Gardens is one of the Housing Authority's oldest public senior
housing facilities and is home for low-income persons whose backgrounds
span the globe. In addition to an inviting rose-dappled courtyard
with park benches and a large recreation room, residents also have
access to the Cypress Senior Center right next door.
MORE
DETAILS/PHOTOS OF CYPRESS GARDENS
Sunset Gardens
7750 Wren
Avenue
Gilroy, CA 95020
Year Completed: 1982
Development Type:
75 units; Senior Housing;
New construction
Total Cost:
$3,784,472
Financing: 100% HUD-financed ( Public Housing)
Description:
Sunset Gardens was
one of the first developments built by the Housing Authority.
Located in the rural community of Gilroy, it has winding sidewalks, rose
gardens and a backdrop of mountains and hills.
MORE
DETAILS/PHOTOS OF SUNSET GARDENS
Rincon Gardens
400
West Rincon Avenue
Campbell, CA 95008
Year Completed: 1981
Development Type:
200 units; Senior Housing;
New construction
Total Cost:
$8,508,649
Financing: 100% HUD-financed (Public Housing)
Description:
Rincon Gardens was
the first development built by the Housing Authority back in 1981.
In recent years the courtyard of this Spanish mission-style development
was substantially upgraded by the Authority with a charming pond, gazebo
and trellis-covered bridge that helps bring joy and serenity to the
lives of the elderly and disabled residents.
MORE
DETAILS/PHOTOS OF RINCON GARDENS
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