Quote

Dev. Team:

Developer: Corporation for Better Housing
Contractor: BLH Construction Company
Architect: John O. Cotton Architects

Unit Mix:

60 Very Low and Low Income Units


Financial Sources:

4% Tax Credits & Bonds, Kern County NSP Funds, Kern County HOME Loan

Project Costs:

$10.6 Million

 


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Eucalyptus Village II

508 Dublin Manor Court
Bakersfield, CA 93306


Eucalyptus Village is a 124 unit affordable community in Kern County. A product of the Kern County Neighborhood Stabilization Program (NSP) funded by HUD; the development aims to stabilize a community by redeveloping a foreclosed upon development. The approximate 12 acre site had sat for years as a vacant, blighted, partially built and foreclosed upon condo development until Corporation for Better Housing was able to work with Kern County to purchase the development out of foreclosure and begin the work of revitalizing the neighborhood.

Eucalyptus Village II is a 60 unit development that will comprise of 28 new construction units and 32 existing units. The 28 units shall be contained in one new three-story corridor building and will comprise of 26 one-bedroom units and 2 three-bedroom units. The remaining 32 units are situated in eight existing buildings that were part of the foreclosed development. These 32 units comprise of 6 two-bedroom units and 16 three-bedroom units. Each apartment in the development will be constructed with the following amenities: range, oven, frost-free refrigerator, dishwasher, garbage disposal, central heating and air conditioning, granite countertops, vertical blinds, carpeting, a coat closet. All of the apartments are designed for energy efficiency and include energy star rated appliances.

Common amenities include: central laundry facilities, a perimeter fence, gated entry, community room with common kitchen, computer room with high-speed internet connection, tot-lots, bbq and picnic areas and on-site management. The apartments will exceed Title 24 requirements and will achieve Green Building Communities accreditation.

Construction will commence in Spring of 2012 and is scheduled for completion in the fall of 2012.