Juanita Tate Legacy Towers
Juanita Tate Legacy Preservation, L.P.'s Juanita Tate Legacy Towers located in Los Angeles, CA is a rehabilitation of a concrete senior living project. The project totals 76,444 square feet throughout one structure with 12 levels above grade. It includes 118 senior housing units. Parking totals 9,000 SF and 40 stalls.
The complete rehabilitation met ADA accessibility, energy efficiency and Los Angeles building code compliance. The project was completed with tenants in place on a multi-phased tenant rotation schedule. Major building system upgrades include mechanical, electrical and plumbing; elevators; HVAC rooftop units; and insulated and reflective roofing. Interior upgrades to the studio and one bedroom units include electrical outlets, new kitchen and bathroom equipment, flooring, window treatments and paint. Exterior upgrades include exterior and corridor lighting, window, doors, improved landscaping, wood trims, gutters, down spouts, fencing and signage.
The project, originally constructed in 1970 using the Low Income Housing Tax Credit Program, serves the very low-income elderly. Aside from the manager’s unit, all units are rent-restricted by HUD. The property is federally subsidized with a renewed 20-year HAP contract. It is performing successfully, with 97% average historical occupancy levels. The project is subject to the Davis Bacon Act, therefore prevailing wages and certified payroll was required with weekly reports and certifications meeting Federal, State and local agency requirements. The project is funded by various sources, consisting of the Department of Housing and Urban Development (HUD), California Tax Credit Allocation (CTCAC), California Debt Limit Allocation Committee (CDLAC), bonds and private investments funds.Market Sector: Residential, Affordable Housing
Project Type: Rehabilitation/Adaptive Reuse
Square Footage: 76,444 SF