Sierra Vista I Apartments

  Sierra Vista I Apartments, a 34-unit complex located in the City of Mountain View, was acquired by Charities Housing under the Title Six Preservation Program of the Department of Housing and Urban Development, where the property obtained a project based Section 8 contract. The development has a mix of two, three and four bedroom units and serve very low-income families. Acquisition and rehabilitation costs for the project were financed through tax exempt bonds and FHA insurance. Resident elected members from the complex sit on the Board of Directors. Supportive services from Catholic Charities are also available to the residents of the complex.

 
 

Sources:
Tax Exempt Bond
FHA

 
 
Site Size (Acres):
1.80
Number of Units:
34
Density (units per acre):
19
Construction completion date:
January 1996
Unit Mix:
3 - 2-bedroom, 810 sq. ft. avg.
19 - 3-bedroom, 1,070 sq. ft. avg.
12 - 4-bedroom, 1,230 sq. ft. avg.
Affordability:
80% @ very low income
5% @ low income
15% @ moderate income
Population Served:
families


 
 

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