Walden Glen

Location:

6570 Knott Avenue
Buena Park, California

Property Management:

Fairfield Properties
(714) 523-8210

Click here to visit the Fairfield website.

Project Description:

There are 186 units -- 8 studios/one-bedroom and 177 two-bedroom units. All of the units are rented to families earning 60% or less area median income.

Background & Status:

Purchased in July 2000. Project renovation of over $2 million was completed in June 2001. A limited partnership between Wakeland and Fairfield Residential.Wakeland is the managing general partner; Fairfield is the co-general partner.

Financing Sources:

Tax-exempt bonds, tax credits and a loan from the Buena Park Redevelopment Agency.

Resident Services:

Resident Services include a Business Center with internet access and self-paced job skill training program.