St. Joseph’s Family & Senior Housing
LIIF is part of the Lower San Antonio Community Development Fund (LSA Fund), a collaborative effort among several CDFIs and foundations, to invest in the Lower San Antonio neighborhood in Oakland, California. The LSA Fund provided BRIDGE Housing Corporation with a loan to convert an Oakland landmark into affordable housing units for seniors and low income families. Originally built in 1912 by the Little Sisters of the Poor as a convalescent home for the elderly, St. Joseph’s Complex was designated an Oakland landmark in 1984. The two buildings on the site will be converted into affordable senior housing and family rental apartments, as well as office space.
Project Details
- Impact
- 80 units of affordable senior housing
58 units of affordable family rental housing
2,200 commercial office space for tenant uses - Financing
- Through the Lower San Antonio Fund, LIIF participated in:
$1.5 million acquisition loan for St. Joseph’s Senior Apartments
$1.3 million acquisition loan for St. Joseph’s Affordable Family Apartments - Partners
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- Annie E. Casey Foundation
- Bridge Housing
- Evelyn and Walter Haas, Jr. Fund
- Local Initiatives Support Corporation
- Northern California Community Loan Fund
- San Francisco Foundation
More Information
Our Affordable Housing Program
Community Capital for Affordable Housing
