Affordable Housing and Emergency Assistance Opportunities
The Tulare Redevelopment Agency will be providing assistance for the
following Affordable Housing Developments:
TuleVista is being developed through a partnership with the Tulare County Housing Authority and Pacific West Communities. The project is located south of Sonora Avenue between "D" and "E" Streets in Tulare. The development team recently finalized approximately $17,000,000 of financing, and anticipates being under construction by January 1, 2011. The development will include 57 single-family units, which will be rented to low-income households at affordable rents. The homes will contain an environmentally friendly component, as they will be designed and built using energy efficiency and sustainable building products, and will be certified through the Build It Green GreenPoint Rated program. It is projected that units will be completed in approximately November 2011, and more information about the lease-up of the units will be posted as it becomes available.
Valley Oaks Apartments
Phase II of the Valley Oaks Apartments is under construction by Payne Development, in partnership with Las Palmas Foundation (out of San Juan Capistrano and Encinitas, CA). Construction on Phase II started in August of 2010. The total project includes 81 affordable rental units in Phase I (completed and operating), and 72 affordable rental units in Phase II. The project is located on West Street, just south of Cross Avenue. It is anticipated that Valley Oaks Apartments will begin accepting applications for Phase II of the development around the summertime of 2011, with the grand opening of Phase II scheduled for August 2011. Rents at the Valley Oaks Apartments will range from $334 for a 2-bedroom unit to $917 for a 4-bedroom apartment.