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Norwalk Project

Norwalk Tower

Project Summary

The recently renovated Norwalk Tower, serves low-income Seniors ages 62+ who are living below 50% of the area medium income. The acquisition and rehabilitation tower includes 102 studio and 83 one-bed/one-bath homes along with extensive community room, common space, and laundry room.

Central to the $12 million renovation are several sustainable elements, including a rooftop-mounted solar thermal system which preheats water prior to entering the boiler system. The 36 panel rooftop system will feed a 15,000 gallon holding tank (to contain the pre-heated water). Other key sustainable efforts are in the replacement of over 2,000 inefficient light fixtures with LED lights throughout. LED lighting offers numerous long-term benefits including Zero UV emissions and is free of toxic chemicals. In addition there is installation of regenerative elevators which collect and recycle energy and high-efficiency windows.

Norwalk Tower

Project Facts

Address

14141 Clarkdale Avenue
Norwalk, CA 90650

Project Type

Senior Apartments
185 units, 11 story
Construction Cost – $12 million

Developer

Norwalk Tower Preservation Limited Partnership

Financial Partners

Hudson Housing Capital
Greystone Funding Corporation
Department of Housing and Urban Development
California Tax Credit Allocation Committee

Architect

Ground Floor Design

Financing

9% Low Income Housing Tax Credits, CTCAC
HUD 221(d) 4 Loan
100% Section 8


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