Creating Livable Communities

HERITAGE COMMONS PHASE II SUCCESSFUL GRAND OPENING EVENT

Heritage Commons Phase II Grand Opening - Ribbon Cutting

Heritage Commons Phase II Grand Opening – Ribbon Cutting

The Grand Opening of Heritage Commons Phase II took place on Friday, May 20th in Dixon, California, and what a great event it was! More importantly, just three weeks after occupancy, all of the 54 new apartments were taken. There are now 114 apartments available at Heritage Commons, with Phase III now in the works. So, it’s not too late to get your name on our waiting list for great independent senior living in Dixon.

Heritage Commons, with 114 apartments, is now the largest senior community of any type in Dixon. Heritage Commons is also one of the largest affordable senior communities in Solano and Yolo Counties. Both complexes are owned by Delta Senior Housing Communities, Neighborhood Partners, LLC and the John Stewart Company.

Here is a link to 129 photos of the Grand Opening. Double click to enlarge and right click to “Save As” and download the photos you like.

The crowd attending the Heritage Commons Phase II Opening

The crowd attending the Heritage Commons Phase II Opening

Welcoming people to the event were: Steve Bird, Deputy Mayor of Dixon; Bill Powell, President of Delta Senior Housing Communities, and Jack Gardner, President of the John Stewart Company and one of the partners in Heritage Commons.

Other speakers were State Senator Lois Wolk; State Assembly Member and Candidate for State Senate Bill Dodd; former Assembly Member and Candidate for State Senate Mariko Yamada and Deputy County Counsel for Solano County and Candidate for State Assembly Dan Wolk.

The State of California sent some of its top housing officials to speak: Ben Metcalf, Director of California’s Housing and Community Development (HCD); Tia Boatman-Patterson, Executive Director of the California Housing Finance Agency (CalHFA); and Misti Armstrong, Program Manager for California Debt Limit Allocation Committee (CDLAC).

Speaking for the equity investor was Rich Gross, VP, Enterprise Community Partners, while John Kauh, SVP, Wells Fargo Bank spoke as the construction lender.

Louise Walker, CEO, First Northern Bank spoke for the $2.5 million dollar grant the bank sponsored for Heritage Commons from the Federal Home Loan Bank of San Francisco.

Enterprise Community Investment arranged a $4.9 million tax credit equity investment for Heritage Commons Phase II, as well as a $5.2 million investment for the first phase.

The City of Dixon received $5.5 million in funding from the State Department of Housing and Community Development HOME Program for Heritage Commons Phase II, in addition to the $6 million that it received for the initial phase of Heritage Commons.

First Northern Bank provided a $2.5 million funding commitment from the Federal Home Loan Bank of San Francisco Affordable Housing Program for Heritage Commons Phase I & II.

Wells Fargo Bank provided $7 million in construction phase financing for Heritage Commons Phase II, with an additional $7 million provided for Phase I.

The project architect for both phases of Heritage Commons is James Zanetto.  The general construction contractor is Brown Construction, Inc. Property management is being provided by the John Stewart Company.

Here is a link for an application: HTC l and ll Application (2)  For further details on the progress  of Heritage Commons – go to www.npllc.org/blog

David J. Thompson –

May 25, 2016

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