Vista Estero at Brooklyn Basin will provide 110 affordable apartment homes for seniors in Oakland. The community demonstrates the vision and commitment of one of California’s largest and most diverse cities to build more affordable housing for its residents. The affordable community will be part of a larger mixed-use district that includes retail, parks, and open spaces, and over 3,000 new homes for all generations, all income levels, and people from all walks of life. Vista Estero will complete construction in late 2020.
This property is currently under construction.
Vista Estero will complete construction in late 2020.
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Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Vista Estero is managed by MidPen Housing.