Don De Dios
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| At risk of conversion to market rate, the acquisition of Don de Dios apartments maintains the original affordability restrictions on this property and extends the affordability for 55 years. The result is the salvation of 70 units of affordable housing which preserves housing for lower-income tenants who would have otherwise faced an uncertain future that could have been displaced. The City loan was leveraged by private activity bonds issued by The County of Santa Clara. | |||
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| Completed: | 1999-00 | ||
| Location: | 987 Fair Avenue and Lucretia Avenue | ||
| Unit Mix: | 44 VLI/16 LI/10 MOD | ||
| Unit per Acre: | 14 | ||
| Developer: | EAH | ||
| Architect: | N/A | ||
| General Contractor: | Agresti and Assoc. | ||
| Property Manager: | EAH | ||
| Financing: | City of San José - $1,740,000 | ||
| Other Partners - $5,476,502 | |||
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| Total Funding: | $7,216,502 | ||
Projects : Site Map of Projects : Central Sector : Don De Dios