EHCI Closes $200M Multi-Investor Equity Fund

One of the properties serving people aged 55 and up is Agrihood, a 163-unit senior affordable development with a focus on sustainable agriculture in Santa Clara, Calif., that received a $40 million investment from EHP 34. The Core Cos. is developing the property in partnership with the Central Valley Coalition for Affordable Housing. Eighteen apartments will be set aside and accessible for people with mobility impairments; eight for people with hearing and/or visual impairments; and 54 for formerly homeless individuals. Supportive services will be provided to all tenants. Agrihood is part of a larger master development of mixed-income rental housing and homeownership units that will include farming plots, a small orchard, community building with café and a plaza where a farmers’ market will be hosted.

Santa Clara County Housing Authority Celebrates 180 New Affordable Apartments With Virtual Grand Opening

San Francisco-based Gelfand Partners Architects designed both developments, which broke ground in 2016. The projects’ general contractor was Core Build JV, a partnership between San José-based CORE Builders and the Build Group. Laurel Grove received Gold certification under the Build It Green healthy and sustainable homes program, and Park Avenue is pursuing the Gold certification.

Core Companies Revamps Plans for 6-Acre Agriculture-centric Housing Project in Santa Clara

Core Cos.’ newest design for Agrihood includes 361 residential units in seven buildings, including a shed and café and community center. The community gardens are sprinkled throughout the development, adding …