Financing

 

The following is a list of affordable housing projects completed since 2002 in cooperation with the USDA and tax credit investors.

Project Name
City / State
Units
Date
Primary Financing
USDA
Tax Credit Equity
Soft Money
Total Costs
Heritage Village Los Banos, CA 50 2003 $1,691,514.00 $857,798.00 $960,705.00 $0.00 $3,510,017.00
Parkside Village Dinuba, CA 76 2003 $2,718,000.00 $1,230,698.00 $1,663,653.00 $1,265.00 $5,613,616.00
Green Valley Cameron Park, CA 40 2004 $2,200,000.00 $1,350,908.00 $1,241,285.00 $0.00 $4,792,193.00
Greenwood Village Sonora, CA 48 2004 $2,400,000.00 $871,654.00 $1,324,238.00 $186,431.00 $4,782,323.00
Deer View Park Placerville, CA 48 2005 $2,700,000.00 $725,119.00 $1,388,907.00 $86,576.00 $4,900,602.00
Kauhale Olu Pepeekeo, HI 124 2005 $5,500,000.00 $1,717,556.00 $4,509,618.00 $602,517.00 $12,329,691.00
Duncan Place Ft. Bragg, CA 44 2006 $1,250,000.00 $1,461,000.00 $1,205,377.00 $157,337.00 $4,073,714.00
Sutter Hill Place Sutter Creek, CA 44 2006 $1,880,000.00 $1,436,055.00 $1,681,252.00 $229,923.00 $5,227,230.00
Citrus Manor Susanville, CA 54 2007 $2,300,000.00 $780,574.00 $1,559,092.00 $235,087.00 $4,874,753.00
Golden Village Lincoln, CA 49 2008 $3,120,000.00 $1,176,173.00 $2,194,868.00 $905,792.00 $7,396,833.00
Almondwood Winters, CA 39 2010 $1,410,000.00 $695,387.00 $3,718,512.00 $325,659.00 $6,149,558.00
Gridley Oaks Gridley, CA 56 2010 $1,900,000.00 $667,500.00 $3,876,854.00 $500,000.00 $6,944,354.00
Hale O’Hana Koloa, HI 48 2010 $7,381,417.00 $2,469,305.00 $3,723,552.00 $0.00 $13,574,274.00
Honokowai Villa Lahaina, HI 56 2010 $9,530,318.00 $3,100,000.00 $5,563,250.00 $0.00 $18,193,568.00
Jose’s Place Ione, CA 44 2010 $2,500,000.00 $1,415,233.00 $1,823,620.00 $226,000.00 $5,964,853.00
Alta Vista Manor Mt. Shasta, CA 44 2011 $894,500.00 $1,374,836.00 $2,750,048.00 $0.00 $5,019,384.00
California Manor Atascadero, CA 95 2011 $6,600,000.00 $3,225,983.00 $7,256,252.00 $590,710.00 $17,672,945.00
Patterson Place Patterson, CA 40 2013 $3,320,000.00 $1,295,798.00 $1,200,592.00 $744,799.00 $6,561,189.00
Rio Dell Rio Dell, CA 49 2013 $3,657,000.00 $1,385,246.00 $1,457,918.00 $846,626.00 $7,346,790.00
Riverview Garden Riverbank, CA 42 2013 $3,692,000.00 $1,300,104.00 $1,267,354.00 $783,467.00 $7,042,925.00
Diamond Place San Andreas, CA 30 2015 $865,843.00 $909,831.00 $3,139,595.00 $0.00 $4,915,269.00
Sherwood Manor Los Molinos, CA 35 2015 $890,000.00 $1,352,520.00 $3,307,824.00 $0.00 $5,550,344.00
Gustine Garden Apartments Gustine, CA 34 2005
Valle Vista Apartments Lincoln, CA 44 2015
Alberta Gardens Apartments Marysville, CA 48 2016
Totals 1281 $68,400,592.00 $30,799,278.00 $56,814,366.00 $6,422,189.00 $162,436,425.00