Park Boulevard IIA

Park Boulevard IIA

36th and State streets

Opened in late 2012 on the former Stateway Gardens public housing site in Oakland, Park Boulevard Phase IIA is a two-acre rental subphase of the award-winning Park Boulevard mixed-income community. The $41.9 million development by Stateway Associates LLC includes a five-story, 80-unit elevator building; a five-story, 36-unit elevator building; and a pair of six-unit walk-ups.

DPD Assistance:

•  $15.3 million loan

•  $26 million bonds

•  $9.9 million tax credit equity

Supporting Information Facts