OAK CENTER HOMES
Oak Center Homes
850 18th Street
Oakland, CA 94607
Oak Center Homes is a scattered site 89-unit property targeted to families in West Oakland. The $10,000,000 rehabilitation of Victorian era duplexes, and multi-unit buildings focuses on preserving the historic aspect for the neighborhood while significantly upgrading the interior of the units.
The Hampstead Companies, Alton Management Corp., and Oak Center Homes II, Inc. acquired the project in 2012 with $13,125,000 in tax-exempt bond debt and $7,250,000 in LIHTC equity.