Aspen Wood is a new $55 million ground up senior affordable housing development in San Ramon, CA. A true public-private partnership, financing for Aspen Wood was provided by the City of San Ramon, the California Municipal Finance Authority (CMFA), the California Debt Limit Allocation Committee (CDLAC), the California Tax Credit Allocation Committee (CTCAC) with Low Income Housing Tax Credits (LIHTC) arranged in partnership with Boston Financial and Candeur. Construction and long-term financing were provided by East West Bank.
Address: 9000, Alcosta Boulevard, San Ramon, California, 94583
Property Type: Multi Family, Senior Housing (LIHTC, CDLAC)
# of Units: 123
Targeted AMI: 13 units at 30%, 13 units at 50%, 96 units at 60%%
