Case Studies
Why Preserve Existing Affordable Rental Housing? One Tenant’s Story (And A Call For More)
How the renovation of Beechwood Manor in Lancaster, California, renewed the life one woman and her family.
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Plaza de Las Flores: Preserving At-Risk Senior Housing
How CHPC helped Christian Church Homes of Northern California acquire and preserve a senior apartment complex in Sunnyvale, California using an innovative acquisition loan program.
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Kern Villa: Preserving At-Risk Housing By Leveraging Section 8
How CHPC helped East LA Community Corporation’s (ELACC) successfully acquire a family Section 8 property in Los Angeles using a creative method of financing, leveraging additional income from the project-based Section 8 contract.
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Aspen Tenderloin Apartments: A Case Study on Saving California’s Older SROs
How the Tenderloin Neighborhood Development Center (TNDC) preserved the Aspen Apartments, a much needed single occupancy (SRO) hotel in San Francisco.
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Rehabilitation of Aging HUD Properties: The Preservation of Martinelli House
How CHPC helped Mercy Housing revitalize and preserve an aging HUD 236 property.
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Preserving Affordable Homes in Sacramento
How Community Housing Opportunities Corporation (CHOC) and the Sacramento Housing and Redevelopment Agency (SHRA) preserved Washington Square III and Sherwood Court Apartments.
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Why preserve existing affordable rental housing?
- It generally costs half as much and takes half the time than building it new.
- On average it serves much lower income households than new construction.
- New construction alone cannot produce enough affordable housing to meet demand in most markets in California.