HomeMy WebLinkAboutMadera AHSC Project Summary
Downtown Madera
Veterans and
Family Housing
PROJECT DESCRIPTION
Downtown Madera Veterans and Family Housing is a proposed 48-unit affordable housing development for extremely-low to
low-income households earning between 30% and 60% of the area median income. The project is located in Downtown Madera
at the intersections of C and 5th Streets, on two publicly owned sites. The project will include seven units as supportive
housing and utilize services from Madera County Behavioral Health. The project will encourage cycling and walking by making
improvements to sidewalks, bicycle routes and connections to transit between the project site and key destinations in Madera.
The affordable housing development itself includes two (2) three-story buildings with a diverse unit mix of 18 studios, 10
one-bedrooms, 12 two-bedrooms, and 8 three-bedrooms. The project will provide much needed housing, transportation
amenities, and on-site services for the residents of the housing development as well as the surrounding community. Pacific
West Communities and MORES, Inc., the non-profit of the Madera Housing Authority, are the developers and applicants, and
the City of Madera is the co-applicant. The $25M project is seeking approximately $11.3M in State cap-and-trade funding
through the Affordable Housing and Sustainable Communities program.
PROJECT LOCATION
Sources of Funds*
Affordable Housing & Sustainable Communities Grant ........ $11,326,908
City ................................................................................................ $90,000
Redevelopment Successor Agency ............................................. $946,000
Madera County Behavioral Health Services ................................. $500,000
Tax Credit Equity ....................................................................... $7,800,940
Loans ......................................................................................... $2,146,000
Other .......................................................................................... $2,999,766
TOTAL ............. $25 ,809,614
Uses of Funds*
Land .............................................................................................. $215,000
Affordable Housing Development .......................................... $14,632,760
Housing Related Infrastructure .................................................. $750,000
Sustainable Transportation Infrastructure ............................. $2,845,000
Transportation-Related Amenities .............................................. $768,000
Program ....................................................................................... $144,928
Soft Costs/Other ..................................................................... $6,453,926
TOTAL ............. $25,809,614
*These numbers are preliminary estimates and may be subject to change.
Project Partners
Full development services provided by Sigala Inc.
PROPOSED VETERANS HOUSING
Overall Building Data
21,368 gross sf
(1) three-story building
(10) 1-bedroom units: 500-520 sf each
(18) studio units: 450-475 sf each
(2) offices: 120 sf each
(1) community room: 700 sf
(1) lobby: 425 sf
(1) bicycle storage: 14 stalls
(1) outdoor space: 560 sf
•Enhancements at the Madera
Intermodal Center
•Over 5 miles of additional bike lanes
connecting to key destinations in
Madera
•Over 27,700 linear feet of sidewalk
improvements
•Landscaping and irrigation
improvements at Sunrise Rotary Park
•Addition of one new bus stop in the
project area
•Installation of bike racks and lockers
at approximately 6-8 locations
•Improve the visibility, aesthetics, and
functionality of bus stop signs within
the project area
•Safety enhancements at Washington
Elementary School
Overall Building Data
24,600 gross sf
(1) three-story building
(12) 2-bedroom units: 765-820 sf each
(8) 3-bedroom units: 1,000-1,050 sf each
(1) community room: 730 sf
(1) lobby: 390 sf
(1) bicycle storage: 10 stalls
(1) outdoor space: 2,050 sf
(1) playground area: 1,110 sf
PROPOSED FAMILY HOUSING
SURROUNDING PUBLIC IMPROVEMENTS