Dublin California Affordable Housing Development

Healthy housing
Healthy housing
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What was the goal of the initiative?

The Arroyo Vista public housing development, the city’s only such venue, was falling into disrepair. The costs to improve or rebuild the 150-unit development could not be borne by the city alone. Toward the goal of transforming this low-density deteriorating property into a mixed-use and mixed-income complex offering several housing types in a geographically hot housing market, the city engaged with partners from both the private and nonprofit sectors and secured support from the Department of Housing and Urban Development to allow for privately owned housing on part of the redeveloped site.

Who Were the Partners?

In addition to the City of Dublin (pop. 46,000) and the Dublin Housing Authority, the main partners included Eden Housing, one of California’s oldest and most successful nonprofit developers, and KB Home, a market-rate home builder.

What Outcomes Were Achieved?

The redevelopment of what is now called Emerald Vista was completed in December 2012. The community includes 180 affordable rental unites – 50 reserved for seniors and 130 for families including units with 4 bedrooms. Rents for the apartments are targeted to households earning 30 to 55 percent of area median income (AMI). A services coordinator assists residents with wellness and financial partner Wells Fargo provides money management and fraud prevention counseling.

The for-sale homes include 128 townhouses and 70 detached homes on small lots consistent with the surrounding neighborhood. In accordance with the city’s inclusionary zoning requirements, 14 of these homes are reserved for moderate income buyers earning between 60 and 120 percent of AMI under a deed restriction that is effective for 55 years.

How was the project financed?

The City of Dublin owned the land on which Arroyo Vista was built. Working with HUD and KB Homes, a portion of that land was sold to the private developer to increase the number of assisted rental units. Infrastructure development costs were shared by Eden Housing and KB Homes. The total project budget was $135 million. The city invested $7.6 million from its housing fund. Eden Housing secured $24 million in Low-Income Housing Tax Credits. KB Homes paid $12 million for the land belonging to the city, $11 million of which was reinvested into replacing the original affordable rental units. Tax-exempt bonds and loans from Wells Fargo and the California Community Reinvestment Corporation helped round out the financing

Other Details

The partners involved Arroyo Vista residents in the planning process. During construction (July 2011 to Dec. 2012), residents were relocated and given vouchers to secure housing. They were given first priority for apartments in the new development upon completion.

The complex includes a community room that hosts afterschool programs as well as a child care center. The dwellings are accessible to Bay Area Rapid Transit (BART) as well as pedestrian and bicycle trails. Sustainability aspects include solar water heaters and solar PV for energy production along with green building materials.

In 2014, this project was given the Jack Kemp Award for Excellence in Affordable Housing by the Urban Land Institute (ULI).

NLC Contact:

City Solutions & Applied Research

brooks@nlc.org

(Last Modified April 2017)