Acquisition Rehab Case Studies
City Towers
City Towers Apartments is a 231-unit HUD Section 8 property comprised of three 12-story towers located in West Oakland.
- $4.5 million renovation
- KDF built a new Head Start center on-site
- KDF created a Neighborhood Network tor tenants
Breezewood Apartments
Breezewood Apartments is a 156-unit affordable housing complex located in Riverside, CA.
- Four-plexes previously owned by separate owners
- KDF constructed a community center
- Financed by unique tax increment structure
Salinas Pointe
Salinas Point is a 216-unit affordable apartment complex located in Salinas, CA.
- In very poor condition at time of purchase
- Overcrowding problem addressed
- $1.8 million rehab
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New Construction Case Studies
Casa de la Villa
Casa de la Villa Apartments is a 75-unit affordable multi-family apartment community located across the street from City Hall in Corona, CA.
- 2 and 3-bedroom units ideal for families
- High profile location
- Financed with unique tax increment structure
The Village at the Crossing
The Village At The Crossing is a 228-unit affordable senior located in master-planned area of San Bruno, CA.
- High density, 4-story development
- Within walking distance of San Bruno BART station
- Multiple financing sources including HEART and CDBG
The Village at Hesperia
The Village at Hesperia is an 89-unit, multi-phased affordable senior apartment complex located near City Hall in Hesperia, CA.
- 2 and 3 story elevator served buildings
- Highly amenitized and well located
- Multiple financing sources including 9% tax credits, 4% tax credits and HOME
Sunrise Terrace
Sunrise Terrace is a 182-unit, multi-phased affordable family apartment complex in Hesperia, CA.
- 2, 3 and 4 bedroom units designed for large families
- Two pools and two children's playgrounds
- Received two separate awards of highly competitive State HOME funds.
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