Christian Church Homes & the CMFA Partner to Rehabilitate Senior Affordable Housing in Oakland, CA
Christian Church Homes recently partnered with the CMFA to secure tax-exempt bonds. Proceeds of the bonds were used to acquire Westlake Christian Terrace East Apartment located in the City of Oakland. Additionally, funds will be used to complete the rehabilitation of the HUD-assisted multifamily rental housing property.
Westlake Christian Terrace East Apartment is a senior housing development and is comprised of an 11-story concrete building with a total of 200 units. The scope of the work includes exterior paint, architectural design elements on the facade of the first two floors to improve the overall look of the building, reworking of the building entrance, provide outdoor seating, and a re-design of the existing handicap parking located just outside of the building entrance. In addition, the scope of work will also include new uses such as: access to a new roof deck for resident enjoyment with seating and areas for various program specific uses. The 24-month rehabilitation project is anticipated to be completed in July of 2014.