Sierra Vista Phase II

Sierra Vista Phase II

Stockton, CA

Type of Development

Redevelopment

At-Risk Families

Year Built

2020

Development Profile

24 One-Bedroom Units

28 Two-Bedroom Units

30 Three-Bedroom Units

18 Four-Bedroom Units

Unit Size

595–1,455 Square Feet

Buildings

17

Summary

HACSJ Completes Phase II of Sierra Vista Redevelopment

The Housing Authority of the County of San Joaquin (HACSJ) and Central California Housing Corporation (CCHC) have completed the second phase of the redevelopment of Sierra Vista Homes. In this phase, 57 outdated units were demolished to make way for Sierra Vista II, 100 additional new units sharing the features and amenities of Phase I. Together, Sierra Vista I & II have brought 215 modern and energy-efficient apartment homes to the Sierra Vista community, replacing 120 public housing units built in the 1950s. Both phases brought nearly $50 million of construction to the City of Stockton, with an overall project budget of approximately $80 million.

The construction of Sierra Vista II was completed in September 2020. As HACSJ Executive Director Peter W. Ragsdale states, “Seeing the new Sierra Vista rise in South Stockton is transformative.”

Funding

Funding for Sierra Vista II was made possible through a capital contribution from HACSJ and the award of $25 million in Low Income Housing Tax Credits (LIHTC). Contributions from the City of Stockton include HOME Investment Partnerships Program funds and Affordable Housing Impact Fee Reductions. Affordability is maintained through a U.S. Department of Housing and Urban Development (HUD) Annual Contributions Contract (ACC) and Housing Choice Project-Based Vouchers (PBV).

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