Renovated low-income housing, services in East San Jose, CA
Monte Vista Gardens is a garden-style affordable gated apartment community for families in the Mayfair neighborhood of East San Jose, CA. The apartments consist of a mix of market-rate and affordable housing. The high quality, well maintained buildings have pitched Spanish style roofs. An onsite gym provides an opportunity for an active lifestyle. Outdoor amenities include a pool, spa and playground.
Monte Vista Gardens offers facilities and amenities that are comparable to a market-rate community, including solid maple cabinetry, washer and dryer hookups, electronic access doors, recessed lighting, nine-foot ceilings, and spacious walk-in closets.
Common area amenities include four laundry rooms and a community facility with a computer room that serves as an educational center for the residents. Programs currently being offered for the residents by Jamboree’s Community Impact Group include after-school and homework help, continuing adult education, health and safety seminars and language enhancement programs.
Monte Vista Gardens is a transit-oriented community located one block from the Alum Rock Transit Center, which has bus and rail lines. It’s also walking distance to a local elementary school, parks and dining.
Recently renovated, Jamboree works closely with partners to ensure that this community will remain affordable, well-maintained, high quality and up-to-date for the long term.
Transit-Oriented Affordable Housing Acq/Rehab
Low-income, market-rate apartments mix in East San Jose, CA
Monte Vista Gardens is Jamboree’s second project in the City of San Jose and the fifth joint venture with Community Preservation Partners, the development arm of WNC & Associates. The project is the acquisition and rehabilitation of a family apartment community in the Mayfair neighborhood of East San Jose, CA. Monte Vista is located within walking distance from the Alum Rock Transit Center and near parks, dining and a local school, reducing commute time and improving quality of life for busy families.
Monte Vista Gardens – originally constructed in 2001– was renovated by Jamboree and Community Preservation Partners in 2015. The development consists of six three-story residential buildings and two ancillary buildings that host the leasing office, clubhouse/community center and a gym. One-fourth of the apartments are market-rate rentals and the balance are affordably priced for workforce families.
The property came out of tax credit compliance at the end of 2015 and the joint venture applied for and received re-syndication. Jamboree will partner with the City, investors, property management and partners to ensure that Monte Vista Gardens continues to remain both affordable and high quality to provide workforce families with an opportunity to thrive.