Napa Valley Community Housing is an organization that develops attractive, well-built, affordable housing for Napa County’s low and moderate income residents. The organization plans and builds new housing, purchases existing distressed properties and rehabilitates them, and manages affordable rental units. Their management portfolio includes sixteen properties housing 1,750 residents, including 650 children, and over 200 seniors.
In addition to providing affordable housing, Napa Valley Community Housing also provides its residents with opportunities to grow, succeed and improve their quality of life as they participate in the community. The agency offers its residents opportunities to improve their quality of life through its Family Empowerment program, designed specifically to help tenants learn to govern themselves and provide access to on-site health care, job training and educational services.
To help finance their latest project, Oak Creek Terrace, Napa Valley Community Housing turned to Community Vision for a $200,000 predevelopment loan to help cover the costs for the new construction. Community Vision also provided a $680,000 loan to finance the acquisition of the 1.77-acre property for the project to be built on. Oak Creek Terrace is an affordable rental housing project that will consist of 41 units and include a community room with a computer center, a playground, and a picnic area. The project will be built in collaboration with Burbank Housing Development Corporation, an experienced nonprofit developer.
