March 24, 2010

Estabrook Senior Housing Nears Completion

estabrook_senior_housing_Mar2010.jpg

The Eden Housing Estabrook Senior Housing complex is nearing completion, as can be seen in the above photograph. The 51-unit facility will provide affordable housing for seniors with incomes that are at or below half of the local median income.

Construction started in March 2009 and is expected to be complete in the summer of 2010. Financing for the property included a HUD Section 202 Senior Housing Program construction grant of $7.3 million, a $2 million loan from the City of San Leandro, and a $2 million loan from the City of San Leandro Redevelopment Agency (both approved in July 2007).

The Estabrook Senior Housing is located at the southwest corner of Estabrook Street and E. 14th Street, directly across from McKinley Elementary.

Posted by Mike Katz-Lacabe at March 24, 2010 2:41 PM | TrackBack
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