Villa Hermosa

 

 
 
       
This senior rental project is one phase of a larger redevelopment effort that includes a single-family component, a 9-hole golf course, and a neighborhood park. Significant community involvement was received prior to moving forward with this project. Fannie Mae is purchasing the Tax Credits, creating a new partnership with San José and its developers.  
       
       
Completed:   1999  
Location:   1640 Hermocilla  
Unit Mix:   100 senior rental units; 99 VLI/1 manager’s unit  
Unit per Acre:   32.0  
Developer:   Santa Clara County Housing Authority  
Architect:   Dahlin Group Architects; Treffinger Walz & McLeod (TWM Architects and Planners)  
General Contractor:   Barry Swenson Builder  
Property Manager:   Property Management Inc.  
Financing:   City of San José - $1,258,000;  
    Other Partners - $9,928,682  
 
Total Funding:   $11,186,682