
Location:
809 Diablo Avenue in Novato, California,
approximately 27 miles north of downtown San Francisco.
Project Description:
This 12-building complex is comprised
of 136 units 88 one-bedroom and 48 two-bedroom.
All units will be rented to families earning 60% or
less area median income.
Background and Status:
The complex is undergoing a $1.6 million
rehabilitation projected to be completed in Spring 2006.
The complex is owned by a limited partnership between
Wakeland and Fairfield Residential. Wakeland is the
managing general partner.
Property Management:
Fairfield Residential
Financing Sources:
Tax-exempt bonds via Fannie Mae; tax
credits.
Resident Services:
Resident services will be tailored
to the residents of Wyndover Apartments and may include
after-school programs, adult job-skills education and
computer classes.
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