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TURNLEAF APARTMENTS
Next Property
Location:
3201 Loma Verde Drive
in San Jose, California.
Project Description:
There are 152 units (33 studios, 61 one-bedrooms, and 58
two-bedrooms). All of the units are rented to families earning 60% or less area
median income.
Background and Status:
Purchased in 2003. The ownership structure is a
limited partnership in which Wakeland is the managing general partner and
Fairfield Residential the co-general partner.
Property Management:
Fairfield Residential
Financing Sources:
Tax-exempt bonds and tax credits
Resident Services:
Resident services include after-school programs and English-as-a-Second-Language
(ESL) classes.
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