Village at Hesperia - Hesperia, CA
Life is sweet at this 100% affordable
senior community.
The Village at Hesperia X is a beautiful, newly constructed 89-unit, senior affordable apartment community located in Hesperia, CA. Composed of 2 and 3-story elevator-served buildings targeted to extremely low, very-low and low income senior households (55+), it is part of a three-phase, 100% affordable senior community that will eventually include a total of 157 one, two, and three bedroom units.
Abundant amenities enhance the
convenient location.
Tenants have easy access to a centrally-located 3,000 square foot community center, swimming pool, work-out facility and picnic areas. Plus, it is within the City of Hesperia’s new Civic Center Master Plan, which includes a new City Hall and Public Library.
Smart financing turns the dream into reality.
The Village at Hesperia presented a unique challenge in that KDF took over these properties from an unrelated developer who discovered it had a significant funding shortfall. The project had been stalled for over a year until KDF was able to obtain additional HOME funds, tax-exempt bonds, low-income housing tax credit equity and Redevelopment Agency funds to fill the funding gap. Additionally, KDF worked with the project architect to redesign the buildings to include elevators and worked with the civil engineer to redesign the mass grading plan to make the project conform to the existing grades. The changes saved the project $250,000.
Green enhancements won’t put
anyone in the red.
The project features numerous energy efficient and environmentally friendly characteristics including a new underground storm water retention system and subsurface irrigation system specifically designed for a warm climate to conserve water consumption. After carefully considering the existing topography and physical constraints of the project location, KDF engineered a “balanced” grading plan requiring no additional import or export.
Contact: Juli Peterson, City of Hesperia
Redevelopment Agency (760) 947-1908