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Life’s Garden

HumanGood

Acquisition/Rehab
HumanGood
Senior Housing
Special Needs

Address: Sunnyvale, CA
Completion Date: 2018
Funding Sources: GP Contribution, 4% LIHTC Equity, Deferred Developer Fee, Seller Note, Tax Exempt Private Debt
Population Served: Low-income up to 50% and 60% AMI
Total Budget: 75,236,000
Contractor: Branagh, Inc
Architect: HKIT Architects

Life’s Garden is an existing 208-unit, 2 story garden style multifamily development on a 5.34 acre flat lot in Sunnyvale, CA. Life‘s Gardens was originally constructed in 1974 and has been generally well maintained and in overall average condition. Life’s Garden is currently 98.1 percent occupied and maintains an extensive waiting list of over 500 households.

The entire project had an extensive renovation which included a complete interior rehabilitation of all residential apartments and all corridors and common spaces. The community consists of a community room, business center, central laundry facilities, community garden, courtyard, elevators, exercise facility, picnic area, recreation areas, service coordination, and on-site management. Post-renovation new features include fire panel and electrical system and community amenities that will include the addition of central heating and air conditioning.