California Community

Brookfield Place, Oakland

Brookfield Place is a mixed-use development that will replace underutilized commercial infill parcels and help to revitalize an Oakland area with a shortage of affordable housing for families.

The development is located on 1.6 acres, and it will consist of 58 affordable family units with 1-3 bedrooms for families and 2,440 square feet of ground floor retail.
Construction is three levels of Type V wood construction with surface parking. Design is Title 24 +15% energy efficient.

The development is conveniently located near an Alameda County Transit bus line, Ira Jenkins Park and Recreation Center, Brookfield Brach Library, Brookfield
Elementary School, Albert J. Thomas Medical Clinic and grocery markets. Onsite amenities include a children’s play area, central courtyard and 1000 square foot community clubhouse with a computer lab.

The project was financed with an allocation of 9% Low-Income Housing Tax Credits in 2007 and state Affordable Housing Program funds. Occupancy began in 2009.

100% affordable
6 units – 30% AMI
6 units – 40% AMI
29 units – 50% AMI
16 units – 60% AMI
1 unit – Manager

Year Built

2009

Type

Family

No. Units

58

Total Cost

$12,566,000

Developer

AMCAL Multi-Housing

Contractor

AMCAL General Contractors

Architect

R.L. Davidson

Financing

Equity

$7,724,000
Hudson Housing Capital

Construction

$7,966,000
U.S. Bank

Permanent

$4,593,000
California Community Reinvestment Corp.
$ 242,000
AHP

Agency

Non-Profit