ALL-AGE HOUSING I ACQUISITION & PRESERVATION

Arbor Village

A 112-unit affordable housing community in San Diego

Arbor Village

Address: 4914 Logan Avenue
San Diego, CA 92113
Phone: 619.263.4878

CONTACT

4914 - 4998 Logan Avenue
San Diego, CA 92113

Phone: 619.263.4878
Fax: 619.263.7049
Directions | Email

OFFICE HOURS

Monday - Friday: 8:00 am to 6:00 pm
Saturday: 9:00 am to 1:00 pm
Sunday: Closed

About

Arbor Village, located in the Lincoln Heights area of San Diego, is comprised of 112 family homes spread across 13 garden style buildings with spacious courtyards.

 

Linc acquired Arbor Village in 2008, made substantial renovations, and converted the complex from market-rate to affordable in 2010. The manager reported that parents of one family cried when they heard their rent would be reduced by nearly half — they were able to buy new shoes for their kids. The wife in another family was now able to afford to go to baking school, a long-time dream of hers.

Linc enhanced the complex with major renovations and upgrades. We replaced many of the outdated aspects of the community with environmentally friendly features, including dual pane low-e windows, dual flush toilets, and low flow water fixtures as well as new cabinets and site improvements for greater handicap accessibility. Forty-one of the two-bedroom apartments were converted into three-bedrooms to accommodate larger families. Linc built and opened an entirely new community center that has a multipurpose space, a computer lab, two offices, kitchen, and laundry facilities. The community center houses our Linc Housing resident services including our after-school program and is the new heart of this transformed community.

The property is conveniently located within a quarter mile of a bus stop, public park, grocery store, and schools. In addition, the residents have access to several nearby retail shopping centers and a hospital.


Forty-one of the two-bedroom apartments were converted into three-bedrooms to accommodate larger families.

Property Details

Events

SITE

  • Income Restrictions Apply
  • Family Community
  • San Diego, CA population 1,307,402; Lincoln Heights neighborhood
  • Lincoln Park has more than twice as many families living below the poverty level (32.9%) than the state’s average (13.3%)

Features

  • New community building with social rooms, offices, computer lab, kitchen, and laundry facilities
  • 13 garden style buildings with spacious courtyards
  • New landscaping complements new trees
  • Convenient shopping, public transportation, hospital, parks and schools
  • 112 Renovated Apartments
  • New kitchen and bathroom cabinets, sinks, vinyl, and accessories
  • Green features such as low-flow faucets/toilets and dual-pane, low-e windows; new energy star appliances
  • 41 two-bedroom homes were converted into three-bedrooms for larger families

APARTMENT FEATURES

Balcony – Upstairs
Patio – Downstairs
Laundry Facilities
Heat – Wall Units
Spacious Closets
Paid Utilities – Refuse, Sewer, Water
Cable Ready
Refrigerator
Dishwasher
Stove / Range
Garbage Disposal
Small Pet Okay w/ Deposit

COMMUNITY FEATURES

Gated Access
Tot Lot
Open Parking
Hospital Near By
Close to Schools
Close to Points of Interest
Public Transportation Convenient

Projected Local Economic Impact

Other

Development Team

LINC HOUSING

Developer

ADVENT DESIGN GROUP

Architect

ICON BUILDERS

General Contractor

CASTLE & GRAY INTERNATIONAL, INC.

Construction Management

CALIFORNIA HOUSING PARTNERSHIP CORPORATION

Financial Consultant

PACIFIC WEST MANAGEMENT

Property Management

Financing for acquisition and construction was provided by tax credit equity from Alliant Capital, the San Diego Housing Commission, the American Recovery and Reinvestment Act, U.S. Bank, and the Home Depot Foundation.

PERMANENT SOURCES

  • First Mortgage
  • Federal Home Loan Bank – Affordable Housing Program
    (Mississippi Valley Life Insurance Co/U.S. Bank)
  • Park & Recreation Fee Waiver
  • Private Foundations – Home Depot Foundation, The Ahmanson Foundation, National Trust Loan Fund, Long Beach Navy Memorial Heritage Association
  • Limited Partner Equity
  • Income from Operations
  • General Partner Equity
  • Limited Partner Equity