Thornbridge Apartment Homes

 

 
 
       
The Thornbridge Apartment Homes helps meet the City's housing goals by rehabilitating 286 units of rental housing, converting them to high quality units and restricting rents to ensure affordability for lowincome families for the next 30 years. Formerly called the Garden Apartments, this was the first development in San José to utilize tax-exempt multi-family housing revenue bonds and also included a developer contribution of $15,000 per unit.  
       
       
Completed:   2000-01  
Location:   5150 Monterey Road  
Unit Mix:   286 units; 284 LI/1 Manager's Unit  
Unit per Acre:   30.3  
Developer:   Fairfield Development, L.P.  
Architect:   Alan Thompson & Associates  
General Contractor:   Fairfield Development, L.P.  
Property Manager:   Fairfield Development, L.P.  
Financing:   City of San José -$0;  
    Other Partners - $30,650,000  
 
Total Funding:   $30,650,000