Home About Us Our Housing Our Services Contact Us Huntington Gardens Case Study Home/Our Services/Ownership/Huntington Gardens Case Study Huntington Gardens Property Information Address: 18765 Florida St., Huntington Beach, California Units: 185 Resident Population: Senior Citizens & Disabled Individuals Rehabilitation Budget: $1.5 Million Affordable Housing Agreement: 223f/Section 8 Year Property Management with LOMCO Started: 1980 LOMCO managed Huntington Gardens for 30 years before purchasing it from the nonprofit Wycliffe Associates. In 2009 when markets both for debt and equity had almost stopped trading for affordable housing, LOMCO went to its oldest stakeholder HUD and borrowed $23,000,000 and funded the balance of the acquisition with its own equity; opting not to use tax credit equity or bonds. Upon closing LOMCO was required to invest an additional $500,000 into new systems for elevators, HVAC and new exterior paint. The inside of the building remained dated with a 1980’s look and so LOMCO in 2012 invested $1,500,000 into modernizing the property and creating a new office for the full time Resident Service Coordinator. The property has received a great deal of accolades for its hospitality interior which features a 240 gallon salt water fish tank which the residents love to visit. A new exercise room was also modernized for the residents using a rubber based floor and the computer room and library was substantially upgraded. Click here to see the commitment we have to making our residents home a desirable place to be. Huntington Gardens Before and After Photos Lobby View 1 – Before Lobby View 2 – Before Entryway – Before Community Room – Before Lobby View 1 – After Lobby View 2 – After Entryway – After Community Room – After Mona P. Plymouth West Resident "Plymouth West’s new face lift has made me feel happy and proud to call this my home. Thank you all who were involved in this beautiful transformation." John C. Plymouth West Resident "As a relatively new resident of Plymouth West, since January 2013, I am delighted with my new home! From move-in to the present, staff has been helpful and cooperative. When minor repairs to my studio were needed, they were handled promptly and efficiently. Since moving in, the building has been repainted and construction has provided us with an upgraded entrance and lobby with comfortable new furnishings. Social events, such as the Monday morning coffee, contribute to residents quality of life and the 11th floor facilities provide for all-around healthy living, exercise, and entertainment." Legal Notice | Privacy Policy | Employee Portal Copyright 2019 Living Opportunities Management Co. | All Rights Reserved | Powered by WordPress | Technology's Edge This website uses cookies and third party services. OK