KITCHEN ate) 506 E 12th St Alturas CA 96101 ORIGINALLY CONSTRUCTED IN 1981, ALTURAS MEADOWS APARTMENTS IS A GARDEN- STYLE FAMILY APARTMENT COMMUNITY WITH RANCH-STYLE ARCHITECTURE. [N-UNIT AMENITIES INCLUDE RANGES, REFRIGERATORS, GARBAGE DISPOSALS, MICROWAVES, CEILING FANS, CARPETING, WINDOW BLINDS, PATIOS, CENTRAL AIR CONDITIONING AND SOLID SURFACE "CORIAN-STYLE” COUNTERTOPS. COMMUNITY AMENITIES IN- CLUDE A PLAYGROUND, A COMMUNITY ROOM, LAUNDRY FACILITIES AND A PICNIC AREA. IMPROVEMENTS THAT WERE COMPLETED IN 2008 TO THE EXISTING IN-UNIT AMENI- TIES COMPRISE RENOVATED KITCHENS, INVOLVING REPLACEMENT OF REFRIGERA- TORS, RANGES AS NEEDED, PROVISION OF NEW MICROWAVES, AND PLUMBING FIX- TURES. OTHER IN-UNIT IMPROVEMENTS INCLUDED REPLACEMENT OF THE MAJORITY OF THE WATER HEATERS AND ALL CENTRAL AIR CONDITIONING SYSTEMS. NEW WINDOW COVERINGS WERE PROVIDED IN EACH UNIT AND FLOORING WAS REPLACED. AS NEEDED. HighlandPROPERTY DETAIL PROPERTY TYPE: REHABILITATION OF AFFORDABLE FAMILY HOUSING. + COST FOR ACQUISITION AND REHABILITATION: $6,009,800 » HARD COST REHABILITATION PER UNIT: $38,100 » LOCATION: ALTURAS, CALIFORNIA - FUNDING PROGRAMS: SECTION 42 TAX CREDITS, USDA RURAL DEVELOPMENT 515, TAX EXEMPT BONDS, HOUSING AND COMMUNITY DEVELOPMENT MULTIFAMILY HOUSING PRO. GRAM (MHP) LENDING PARTNERS: CHASE COMMUNITY DEVELOPMENT BANKING, USDA RURAL DEVEL OPMENT TYPE OF UNITS: TWO BEDROOM AND THREE BEDROOM APARTMENTS + NO. UNITS: 48 Committed to the future of rural communities. CHASE & Highland