Back

Garfield Park Village Pioneers SPRAC for Unassisted Section 202 Properties

Located in Santa Cruz, California, and owned and managed by Christian Church Homes (CCH), Garfield Park Village is an affordable senior apartment complex developed in 1964 with a HUD Section 202 Supportive Housing for the Elderly Subsidized Mortgage. In Dec 2013, Garfield Park became one of the first Section 202 properties in the nation to be awarded a Senior Preservation Rental Assistance Contract (SPRAC) from HUD. National Equity Fund and Union Bank assisted in the financing.