Feb 3, 2023 |
Developer Novin Development Corp. Service Provider Abode Services Property Management FPI Management Development Type Three story modular new construction Site Area 1.5 Acres Density 24 units/acre Development Profile Total of 36 units, including: 32 units of 1BR @ 430 sf 4 units of 2BR @ 660 sf Amenities Tuck under parking, community space, solar panel Resident Profile Individuals earning up to 30% AMI, including those who are homeless or at risk of homelessness Funders California HCD Homekey County of Santa Cruz Traditional Debt Architect MBH Architects Contractor Novin Construction Inc. Park Haven Plaza, in partnership with the County of Santa Cruz, addresses the need for permanent supportive housing in Soquel, CA, by providing 36 affordable rental units (refer to development profile for breakdown) to formerly homeless veterans, transition-aged youth, and homeless families with children. Located on 1.5 acres, the project is designed as one new three-story building with tuck-under parking in the rear to take advantage of a natural 13-foot grade change. With the help of Abode Services, the community will be fully staffed by a robust direct services team to provide residents with the best on-site support. Park Haven Plaza is a short walk from the Santa Cruz Metro, offering residents access to four lines with service to and from Watsonville and Downtown Santa Cruz. The project is also located near Cabrillo...
Feb 3, 2023 |
Developer Novin Development Corp. Service Provider Housing Choices (IDD) Mental Health Association of San Mateo County (PSH) Target Population 25% intellectually and developmentally disabled25% permanent supportive housing50% general affordable housing Affordability 30-50% AMI Project Type New Construction Site Area 0.54 Acre Units Total of 70 units, including: 50 units of 1BR 20 units of 2BR Density 130 units/acre Project Status Full entitled under SB35 Service Offered Case management Resident services Architect BAR Architects Our 3051 Edison Way project is planned as a 70-unit (one 2-bedroom manager’s unit) income restricted affordable housing project. The site is located in the North Fair Oaks district of unincorporated San Mateo County and within the Redwood City sphere of influence. The site is within a highly walkable area of the North Fair Oaks district and approximately 1.5 miles from the existing Caltrain station and less than 1/8 mile from a regional bus stop with less than 20-minute headways. In addition, Costco, Target, and other retailers are less than ½ mile from the site. The building is designed to serve households ranging from 15% to 60% AMI income levels, with 18 units set aside for adults with Intellectual and Developmental Disabilities (I/DD) and 18 units set aside for PSH residents who meet the HUD definition for homeless, the remaining 40 units are restricted to households at 60% AMI. The project is comprised of 50 one-bedroom units and 20 two-bedroom units. The structure will be six (6) stories tall with five levels of residential units over a concrete-podium parking garage. The project will be served by a central elevator, an onsite property manager, and a secure...
Feb 3, 2023 |
Developer Novin Development Corp., San Francisco Housing Development Corporation Date Built 1923 Leasing Criteria 650+ credit score Income of 2.5x the tenant rent Section 8 voucher holders are welcome Rental history and income verifications Property Management 2B Living Development Type Preservation, multi story Site Area 0.08 Acres Density 412 units/acre Development Profile Total of 33 units, including: 31 units of studios @ 450 sf 2 commercial units Amenities Multiple dining options Nearby parks Accessible muni lines and close proximity to Powell BART Station Resident Profile Households earning at or below 80% AMI (workforce housing) Funders San Francisco Housing Accelerator Fund Mayor’s Office for Housing and Community Development 936 – 940 Geary St. is a 33-unit rehabilitation project in the Tenderloin of San Francisco. Included in those 33 units are two commercial units and 31 studio units. Upon acquisition, the building was 58% occupied and we enacted a relocation plan within the building to ensure all residents had a unit to live in during rehabilitation. Considered the largest Small Sites Preservation in the program’s history, Novin Development has partnered up with the San Francisco Housing Development Corporation. Additionally, this project has received $9,868,250 in funding from San Francisco Housing Accelerator Fund and $12,191,685 from the Mayor’s Office for Housing and Community Development. Our partner, San Francisco Housing Development Corp (SFHDC), is a mission-driven organization focused on fostering “…financial opportunity and stability through the development of affordable housing” through the revitalization of various neighborhoods in San Francisco. The community is conveniently located next to the Geary and Larkin St. bus stop, serving lines 19 and 38, as well as walking distance...
Jun 22, 2017 |
St. Stephens Senior Housing was created when St. Stephens Lutheran Church agreed to ground lease a portion of their property for affordable senior housing. St. Stephens affordable homes are a result of an innovative collaboration between the faith-based community, local advocates, public agencies, and private partners to address the high costs of living for seniors with fixed incomes. Iman Novin was the Project Manager at MidPen Housing for the St. Stephens development and was responsible for guiding the project design team and securing entitlements. He worked closely with the Church and Santa Cruz County staff members. Iman was also responsible for managing construction from start to finish, as well as maintaining a good relationship with Church...
Jun 22, 2017 |
Sage Park Apartments offer affordable housing to teachers and families with incomes ranging from 30-60% of the Area Median Income. Sage Park was created from a partnership between the Los Angeles Unified School District and the Los Angeles Housing and Community Investment Department. As a Project Manager for BRIDGE Housing, Iman Novin was responsible for securing entitlements, working with the architect and design team, negotiating the ground lease terms, working through state board of equalization issues, and securing tax credit financing for Sage...
