Monte Vista Gardens

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Monte Vista Gardens

San Jose, California

2601 Nuestra Castillo Court

In 2017, CPP completed its rehabilitation of Monte Vista Gardens, a community that is 80 percent affordable and has a 20 percent market rate. Located in San Jose, California, the nation's fastest-rising rental market, Monte Vista Gardens features premiere amenities including a resort-style swimming pool decked out with a Jacuzzi and cabanas. The 144-unit community was purchased in 2016, and a $5.5 million rehabilitation joint venture with the non-profit Jamboree Housing was completed in 2017.

Community

Through our efforts, Monte Vista Gardens is now a state-of-the-art community. With an upgraded fitness center and enhanced pool areas consisting of cabanas, outdoor furniture, and resurfaced pool and spa, CPP has elevated the community. CPP also focused on improving community spaces with an updated kitchen, computer room, media area, lounges, and kids' corner. With the enhanced security features, Monte Vista Gardens is a secured and modernized community.

Partners

In a partnership with Jamboree Housing, we renovated the property without having to relocate or displace any residents. Public support provided by Public Support California Debt Limit Allocation Committee, California, Tax Credit Allocation Committee, California Housing Finance Agency. Financial support provided by Citi Bank, NA, and WNC & Associates, Inc. Additional support by the development team provided by United Renovation Specialty Group, Irwin Partners Architects, Jamboree Housing, City of San Jose, Monte Vista Gardens Residents, and FPI Management.

Sustainability Improvements

CPP has adapted a sustainable strategy by providing energy star appliances, LED lighting, high-efficiency boilers and drought-tolerant landscaping to improve the quality of life of the residents.

Social Programs

The return on caring is infinite.

We transform communities with solutions that leave an indelible mark on the lives of people. Our care creates what matters most - a place to call home.
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