Owner: Thousand Oaks Gardens, L.P. (General Partner is Conejo Valley Community Housing Inc., an affiliate of Many Mansions)
Developer, Property Manager, & Service Provider: Many Mansions
Architect: Davis Group
General Contractor: Allgire Construction
Financing: Low-Income Housing Tax Credits (4%); Multi-Family Revenue Bond; Redevelopment Agency loan (Thousand Oaks)
The Villa Garcia Apartments provides 80 units of housing to low-income and very low-income individuals and families. The units have 1 to 3 bedrooms in 20 identical buildings.
Year Built: 1964 and 1999 (community room)
Unit Sizes: 40 one-bedrooms, 20 two-bedrooms, and 20 three-bedrooms
Property Amenities: Community room, pool, and tot lot/playground
Residential Services: Supportive services are offered to all residents and includes food assistance and on-site children’s service programs (e.g. homework tutoring, career preparation, and summer camp).
Total Estimated Cost: $9,446,531
Type of Project: Acquisition/Rehabilitation
Project Completion Date: 2000
Type of Housing: Very Low- and Low- Income individuals and families