VALLEY VIEW APARTMENTS
Valley View Apartments
2148 Jasmine Street
Delano, CA 93215
Acquired by Hampstead in 2014, Valley View Apartments is a 90-unit redevelopment project located in Delano, CA. The property benefits from a project-based section 8 contract and supports families at or below 60% AMI.
Completed in January 2015, the $2.4 million construction budget focused on "green" improvements to major appliances, while simultaneously updating the kitchen cabinetry, roofing and other long-term replacement items. Additionally, a computer lab and playground were installed to provide a place for children to learn and play at their leisure. Financing includes tax-exempt bonds, LIHTC, solar tax credits, an assumed OAHP soft loan, as well as energy rebates from Energy Upgrade California.