The Post Apartments, Pleasant Hill CA

The Post Apartments, Pleasant Hill CA

Developer Novin Development Corp.
Service Provider Trinity Center
Leasing Criteria
  • Yearly leasing term only
  • Pet friendly
  • Assigned parking included
Property Management TBD
Development Type Three-story, Affordable Housing Preservation
Site Area 1.5 Acres
Density 47 units/acre
Development Profile Total of 71 residential units, including:

  • 39 units of 1BR @ 470 sf
  • 25 units of 2BR @ 627 sf
  • 7 units of 3BR @ 762 sf
Amenities Onsite parking, outdoor community gathering spot and outdoor pool
Service Offered
  • Case management
  • Peer support services
  • Substance use services
  • Employment services
  • Education services
Resident Profile Individuals earning up to 80% AMI, including those who are homeless or at risk of homelessness
Funders
  • Enterprise through Kaiser’s Thriving Communities Fund
  • Freddie Mac

The Post Apartments provides 71 affordable rental units to individuals earning up to 80% of the area median income in a mixed-income, integrated community. Additionally, 20% of the units are dedicated to the Special Needs population, who receive services from Trinity Center, a local nonprofit that removes barriers to stable housing through compassionate services, education, shelter, and advocacy.

Funding includes $10,327,500 in equity from Enterprise in partnership with Kaiser’s Healthy Housing Program, and a $14,564,000 loan from Freddie Mac. Kaiser’s Healthy Housing Program requires Novin Development Corp. (NDC) to conduct an annual resident survey to assess the quality of the Post Apartments and resident satisfaction. The survey data is used to guide NDC’s efforts in providing the most effective support for those living in the community.

Through FPI Management, the community is staffed by a dedicated onsite team to provide residents with comprehensive services. The Post Apartments is located near AC Transit, Sunvalley Mall, and multiple public schools, and is within walking distance of Diablo Valley College as well as extension centers for UC Berkeley and JFK University.

 

 

Skills

Posted on

February 3, 2023