Portfolio Recapitalization
The Trees
July 1, 2020
The Trees is an existing 14-unit farmworker housing community in Gilroy for households earning up to 80% of the area median income (AMI). The project was built in 1982 and consists of three residential buildings with a laundry room. The units range in size from two to three bedrooms. UPCOMING REHAB: The scope of work…
Sycamore Glen
July 1, 2020
Sycamore Glen is an existing 20-unit senior property in Morgan Hill originally constructed in 1989. The property has a long-term Use Agreement with HUD and a 20-year Section 8 contract for 100% of the restricted units. As a small project, low income tax credits were not a financially feasible option. However, given the Section 8…
Quail Run Apartments
July 1, 2020
Located at the intersection of Bellevue Avenue and Santa Rosa Avenue, Quail Run is proximate to many of Santa Rosa’s key amenities. Easy access to Highway 101 provides residents with convenient commutes to highly regarded employers located throughout the immediate area as well as San Francisco and Marin County, which are just fifty and thirty…
Light Tree
July 1, 2020
Light Tree Project Update – October 2020For construction-related inquiries please contact:LightTreeDev@edenhousing.org or call 510-247-8147 Light Tree Apartments is a 94-apartment family community in East Palo Alto, originally constructed in 1966. With vacant land becoming increasingly rare in densely populated cities throughout the Peninsula, the redevelopment of Light Tree Apartments is a pioneering project that was…
Maple Gardens
July 1, 2020
Maple Gardens is an existing 18-unit farmworker housing community in Gilroy for households earning up to 80% of the area median income (AMI). The project was built in 1984 and consists of four residential buildings and one community room with a laundry room. The units range in size from two to three bedrooms. UPCOMING REHAB:…