SIERRA VISTA HOMES
Sierra Vista Phases I and II are part of the Housing Authority of San Joaquin’s Master Redevelopment Plan for replacing outdated public housing. Sierra Vista Homes was originally built in south Stockton in the early 1950’s, and originally consisted of 330 apartments. Over decades of being under-maintained and unable to financially meet growing capital needs, the property fell into poor condition and exceeded its useful life.
The Redevelopment (Phase I and Phase II) includes a total of 215 homes on 15 acres. The Affordable Housing Development Corporation (AHDC) co-developed both phases with The Housing Authority of the County of San Joaquin. The plan included financing with tax credit equity derived from 9% Low Income Housing Tax Credits, Housing Authority of the County of San Joaquin Loans, City of Stockton HOME funds, and conventional loans. R4 Capital provided the tax credit equity for the 115 Phase I homes.
Social services are offered to all residents through STAND and the Boys and Girls Club of Stockton, social service providers engaged by the Partnership. Services (free to all residents) include, but are not limited to, adult educational, health and wellness and skill building classes, and services to inform residents of community activities, community resident referral and advocacy guidance, and scheduled holiday events.
Conveniently located in close proximity to education, jobs, transit, medical services, grocery and recreation- Sierra Vista I and II provides 215 new, high quality and attractive one-, two-, three- and four-bedroom homes, as well as a large 4,613 square foot community center with a pool and open play areas throughout the site to encourage interaction between families, young children and older generations. The neighborhood is well-suited for vital affordable housing and has positively impacted the neighborhood by bringing new life to an outdated site, increasing the quality of life for residents through better health, economic security and housing stability.