National Community RenaissanceSan Bernardino Seal

By Ryan Hagen, The Sun
Posted: 09/25/14, 4:58 PM PDT |

SAN BERNARDINO >> The first phase of revitalizing the affordable housing at Waterman Gardens is clear to begin after it received $12 million in state tax credits Thursday.

The first 76 of the units built early in World War II can now be replaced with newer housing, leading to positive effects on the area of Base Line and Waterman Avenue, said Mayor Carey Davis.

“This is an exciting change in San Bernardino to have this project that’s going to change a significant part of our city,” Davis said at a celebration in his office Thursday evening. “Over the years, we haven’t had a lot of new development. A lot of hard work went into acquiring these tax credits.”

In February, the City Council unanimously approved the transfer of the deteriorating 252 units of public housing and the plan by new master developer National Community Renaissance (National CORE, based in Rancho Cucamonga) to tear down the existing buildings and replace them with the same number of “mixed-finance affordable housing units” in addition to 73 affordable senior housing units, 38 for-sale condominium units, 48 market-rate rental units, and community facilities.

The phased approach is intended to minimize disruption to the complex’s residents. In a June change from the original plan, 76 new units will first be built at Valencia Avenue and 9th Street adjacent to Waterman Gardens. Any of those units rented as affordable housing will mean that same number of affordable units at Waterman Gardens will instead be market-rate housing.

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