
Location:
4901 Little Oak Lane in
South Sacramento, California.
Project Description:
There are 296 units
(50 one-bedrooms, 186 two-bedrooms and 60 three-bedrooms).
All units are rented to families earning 60% or less
area median income.
Background and Status:
Purchased in 1998.
Renovation was completed in 1999. The ownership structure
is a limited partnership in which Wakeland is the managing
general partner and Fairfield Residential is the co-general
partner.
Property Management:
Fairfield Residential
Financing Sources:
Tax-exempt bonds and tax credits.
Resident Services:
Sienna Vista Apartments has an active
Family Resource Center, featuring a computer lab with
approximately six computers. The center is funded through
the County Department of Health and Human Services,
the Department of Human Assistance and the Sheriff's
Department. A Sheriffs' substation manned by two deputies
is also located in the complex for the safety of residents'
and the surrounding neighborhood.
|