California Community

Santa Fe, Bakersfield Kern County

Santa Fe replaces a rundown hotel in central Bakersfield with a vibrant mixed-use development.

Santa Fe, which is AMCAL’s first development in Kern County, consists of 3,150 sf of retail along Union Avenue and 56 units. Construction is three levels of Type V wood with surface parking of 87 spaces. Site area is 2.6 ac. (21 dua).

The Spanish/Mediterranean-inspired design complements the neighborhood.

Santa Fe is near a Golden Empire Transit District bus route, Lowell Park, McKinley Elementary School, Bakersfield Community Health Clinic, markets, and pharmacies.

Santa Fe is financed with a $7,130,780 allocation of 9% Low-income Housing Tax Credits in 2008, conventional debt and public funds from the City of Bakersfield RDA.

Construction began in 2010.

100% affordable:
6 units – 30% AMI
6 units – 40% AMI
28 units – 50% AMI
15 units – 60% AMI
1 managers unit

Photos

Year Built

2011

Type

Mixed-use Family and retail

No. Units

56

Total Cost

$11,673,000

Developer

AMCAL Multi-Housing

Contractor

AMCAL General Contractors

Architect

The Vincent Co.

Financing

Equity

$7,030,000

Construction

$2,900,000
Chase

Permanent

$1,485,000
California Community Reinvestment Corp.

Agency

$2,000,000
RDA HOME
$400,000
RDA loan

Non-Profit

Las Palmas Foundation