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

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.