New, Supportive Housing is completed in Oakland, CA. by Affirmed Housing
Already at 100% capacity, the community named Nova, offers 56 supportive housing units for the formerly homeless. The first completion in the local area by award winning developer, Affirmed Housing Group.
OAKLAND, Calif., Sept. 1, 2021 /PRNewswire-PRWeb/ -- Oakland, CA., August 31 2021, Affirmed Housing completes supportive housing community in the city of Oakland. Already 100% occupied, the "housing first" community offers wrap around, on-site services by Lifelong Medical Care for 56 formerly homeless individuals. Celebrated by a virtual event, guest speakers included Mayor Libby Schaaf, Affirmed Housing President Jim Silverwood, Matt Grosz of Red Stone Equity Partners, James Vossoughi of Chase, Saleemah Jones with Alameda County HCD and the project architect Padru Kang of Dahlin Group Architecture with a message from Alameda County Supervisor, Keith Carson.
A 40-million-dollar development, the stylish yet practical building was designed by award winning architect, Dahlin Group. Funding sources include The City of Oakland, AHP, Federal and State tax credit equity, Chase, Red Stone Equity Partners, and measure A1 funds by way of Alameda County. A timely completion, despite a global pandemic, the property is located in a prime location in proximity to medical care, public transit and more. Built on an 11,000 sq ft property, the 6-story building is the epitome of sustainable housing.
"Nova offers housing and care for our most vulnerable population. California has become a state that is severely lacking in suitable, safe and supportive housing. We are proud of this new development, the first to be completed by Affirmed Housing in the City of Oakland." States Jim Silverwood, President & CEO Affirmed Housing.
"It is projects like this that are actually helping our very most vulnerable. People who are struggling with medical and mental disabilities who need our help the most, who deserve to live in dignity in a beautiful space where they can go to bed at night in peace and quiet and security." City of Oakland Mayor Libby Schaaf
"The need for affordable housing is ongoing throughout Oakland and the Bay Area, and we're committed to working with industry leaders like Affirmed Housing to help bring safe and affordable places to live to the surrounding community," said Cecile Chalifour, West Division manager for Chase's Community Development Banking group. "Nova is providing local formerly homeless individuals with affordable housing opportunities and the supportive services they need."
"Bringing NOVA to completion through a global pandemic has made a notable project even more remarkable. The drive by the entire team to move this project forward through adversity demonstrates an unwavering commitment to delivering vital, transformative resources for people who need them." Padru Kang, Dahlin Group
To view the grand opening, visit https://www.youtube.com/watch?v=I-DTpc7Z_ec
Headquartered in San Diego, Affirmed Housing is dedicated to improving and sustaining the viability of California through the development of affordable housing. The company aims at enhancing communities and our environment by building professionally-managed, high-quality, green, multifamily housing. Areas of expertise include site selection, engineering, architecture, construction, relocation, and marketing. Affirmed also has extensive knowledge in public finance, low-income housing tax credits, and tax-exempt bond financing. For more information, visit http://www.affirmedhousing.com
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Media Contact
Katelyn Silverwood, Affirmed Housing Group, 8586792828, [email protected]
SOURCE Affirmed Housing Group
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