Brief: Multifamily housing provides an important component of an area’s affordable housing product. Rehabilitation preserves both the character of the community and the ongoing supply of these units as they presently exist. Rehab also encourages investment in surrounding properties.
Brickyard Creek, Central Valley, CA
Using tax credits, HUD Grants, and other funding assistance can be used to rehab and occupy dilapidated structures, or housing structures heading to HUD auction. These multifamily rental complexes can then be utilized for special needs residents or low-income residents.