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SAN JOSE, CALIF. — Community Preservation Partners (CPP) has completed rehabilitation of two affordable apartment complexes in San Jose. The rehabilitations occurred at the 144-unit Monte Vista Gardens and 81-unit Courtyard Plaza Apartments.
The properties are situated a few blocks from each other. They will maintain below-market-rate rents for another 55 years.
Monte Vista Gardens received $5.5 million in rehab efforts, including new kitchens, bathrooms, flooring, computer lab, media center and community kitchen. Courtyard Plaza received a $25 million rehabilitation, including new bathtubs, appliances, vanities, siding, windows, doors, and a remodeled community room and manager’s office.