Located in Dublin, CA in the East Bay, this 390-unit Class A property was formerly a market rate housing development. Through a public-private partnership, BLVD Impact Housing was able to convert the project into workforce housing, bringing rent relief to current and future tenants and restricting the units to families earning between 80% and 120% of AMI.

Immediate and key social benefits stemmed from this conversion project. Moderate-income residents are now able to spend less on housing and remain in high opportunity areas, all while enjoying a high quality and amenity-rich property. Meanwhile, the city is able to retain, rather than risk displacing, an absolutely crucial segment of its workforce. The success of Waterford Place is a reminder that the implementation of innovative housing solutions is not just possible, but necessary for our communities to thrive.