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Service Provider to Housing Developer

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Presentation on theme: "Service Provider to Housing Developer"— Presentation transcript:

1 Service Provider to Housing Developer
Sparky Harlan, CEO Bill Wilson Center Santa Clara, CA

2 Peacock Commons

3 Peacock Commons – Affordable Housing
Developer: Bill Wilson Center On-site Property Management: EAH, Inc. (non-profit housing dev.) Location: Santa Clara, California Total Project Cost: $9,472,724 Rehab and new construction of 28 units of mixed affordable and special needs housing in the city of Santa Clara for households with incomes below 20%, 30% or 50% AMI. Mixed population: Youth with mental health issues, low-income young adults & young families, homeless young adults, entry level non-profit staff Financing from 11 unique funding sources

4 Financing Approach Flexibility for developers to consider different options Provide for market and site-specific needs Advance housing goals -- Coordinated investment with jurisdictions and agencies – lease for public property Mixed income and mixed use development encouraged Integrated, supportive housing encouraged Tax Credits pros and cons, reduction of Federal Support

5 Eden Housing Project with BWC
Mix Population: Seniors, Families, Foster Parents, ELI Young Adults Community Room for Neighborhood Tax Credit Units Consideration Types of Supportive Services Place-based Vouchers Involved in designing size and type of units

6 THANK YOU! Sparky Harlan, CEO


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