WOODBRIDGE VILLAGE
RECAPITALIZATION & RENOVATION
Woodbridge Village
LOCATION: St. Helena, CaliforniaPROJECT SIZE: 50 UnitsPROJECT TYPE: Affordable Senior HousingSUBSIDY TYPE: Section 8 & LIHTCAGE:41 Years
Woodbridge Recapitalization
NEW LOANS: $6,300,000LIHTC & ENERGY CREDITS: $2,900,000RENOVATIONS: $3,000,000
Woodbridge amenities
Remodeled community roomNew computer center with free wifiRevamped landscaping & tree plantingImproved courtyards & walkwaysLED exterior lighting
Woodbridge Unit Upgrades
Each unit received new kitchen and bath cabinetry, granite counters, stainless steel appliances, carpet, linoleum, paint, energy efficient lighting, plumbing and HVAC systems.
Woodbridge Energy Savings
Terrex negotiated a 0.5% rate discount on new financing from CalHFA for achieving over 30% utility savings via the installation of water conservation measures, solar water heating, and photovoltaic systems, which also improved NOI.