SACRAMENTO HOUSING AND REDEVELOPMENT AGENCY WINS STATEWIDE EXCELLENCE AWARD FOR BOULEVARD COURT APARTMENTS

The Sacramento Housing and Redevelopment Agency has been awarded the California Redevelopment Association (CRA) Award of Excellence for its successful redevelopment project, the Boulevard Court Apartments at 5321 Stockton Boulevard. The project is the winner in the category of Residential Redevelopment – Rehabilitation.

The California Redevelopment Association has honored the hard work and dedication of the professionals working in the redevelopment field since 1996. Each year CRA gives Awards of Excellence to recognize redevelopment projects from around the state that have significantly benefited their communities.

“SHRA is proud to share this award with Mercy Housing as the developer of this fantastic housing community,” said La Shelle Dozier, Executive Director of Sacramento Housing and Redevelopment Agency. “It was an extremely challenging project but thanks to a great partnership with extremely talented people diligently working through the process, we were able to accomplish our goal to create a wonderful place that provides safe, affordable housing with convenient access to public transit and retail services for Sacramento’s most vulnerable residents.”

The transformation of the former Budget Inn Motel creates 74 units of supportive housing for disabled formerly residents. Half of the units are studios and the other half are one-bedroom units. SHRA placed the obsolete motel in its strategic plan to revitalize Stockton Boulevard by targeting obsolete and crime-plagued motels for repositioning as development opportunities through adaptive reuse and redevelopment. The goal is to attract high quality design, reverse high crime rates, and boost economic viability on older commercial corridors. The development by Mercy Housing serves low income residents and also supports Sacramento Steps Forward, formerly the 10 Year Plan to End Chronic Homelessness. Residents can receive supportive services on site. SHRA assisted the $24 million project with $6 million in construction financing plus $3 million in operating funds.

Award nominees are evaluated based on their efforts to improve physical conditions in their communities; the extent of community participation in and benefit from the project; the economic viability and fiscal stability of the project; and unique, effective project design solutions. Each project is further evaluated based on criteria specific to the eight award categories: Mixed-Use Development; Residential Development (new construction); Residential Development (rehabilitation); Community Revitalization; Public Spaces & Linkages; Commercial/Industrial Development; Special Citation; and Education, Marketing and Promotion.

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Disclosure: Angela Jones is the Public Information Officer for Sacramento Housing and Redevelopment Agency.

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March 24, 2012 | 10:47 AM

And this, folks, is the reason why redevelopment has come to an end in California. The now de facto defunct California Redevelopment Association, in one of its last acts before disappearing, has granted an “Award of Excellence” to an SHRA project that spent $24 million to renovate 74 studio and one bedroom apartments – an eye-popping cost of $324,324 per unit.

You can BUY very nice one bedroom apartments in Midtown today for $60,000. SHRA spent 5.5 times as much on renovating a single unit than what it would cost to buy 5 1/2 1 BR Midtown apartments. And SHRA received an award of excellence for the project. R.I.P. redevelopment.

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