Development
HPI is an experienced affordable housing developer and integral part of serving County of San Bernardino. HPI has established successful partners with various agencies, municipalities, financial institutions, and housing developers within the County of San Bernardino. The following are a few recent featured developments:
Horizons at Yucaipa
12279 3rd Street Yucaipa, CA 92399
Horizons at Yucaipa is a two-phased 77 –senior apartment complex nestled in the beautiful foothills of the San Bernardino Mountains. Horizons at Yucaipa provides affordable apartment homes for low-income and moderate-income seniors. March 2017, marked the completion of the 50-units of phase 1 of construction; phase 2 of construction for the remaining 27-units is planned for 2018.
Housing Partners I, Inc., as the Managing General Partner worked in partnership with both the Housing Authority of the County of San Bernardino, who provided fifty Project Based Vouchers for phase 1, and the County of San Bernardino, who provided HOME funding along with the City of Yucaipa and CalHFA.
Valencia Grove
125 Horizon Ave, Redlands, CA
Prior to demolition, Valencia Grove was 70 year old public housing site. The initial phase of development includes construction of 85 family units, and subsequent phases will result in a total of 228 units including 39 single family homes for sale; an increase from the previous 115 affordable housing units. Silver Creek Industries manufactures the factory built homes off site and transports them to the Redlands site for installation by U.S. Modular under subcontract to Perera Construction.
Vista Del Sol
1320 Webster Street Redlands, CA
Vista del Sol is a 71- unit senior housing complex that was completed in April 2010. The development consists of 58 one-bedroom and 13 two-bedroom units with a 2,886 square foot community building.
Single Family Home Construction
In partnership with the City of San Bernardino, HPI, received $1.3 million in Neighborhood Stabilization Program funds to build 3 infill homes and rehab 2-duplexes and one 4-plex.
In 90-days, HPI turned around the ground up construction of the infill homes, most of which are in escrow now to low-income first time homeowners. Below is an example of one of the newly constructed homes.
Pictured is the 4-plex building which after being foreclosed on had been boarded up and needed major rehabilitation. The property was purchased by HPI from the City of San Bernardino in 2014 for rehabilitation and operation as an affordable housing development. The City of San Bernardino provided approximately $525,000 in NSP funding for the complete rehabilitation of the blighted property. This property is now fully leased since it opened in September of 2014.