Project Description
Hillside Park Senior Apartments
Address: 1000 S. Gilbert Street, Hemet, CA 92543
Phone Number: (888) 421-8549
Year Completed: 1998
Type: Senior | Units: 177
Partner/Lenders:
- Western Security Development Corporation
- Fidelity
- California Tax Credit Allocation Committee (CTCAC)
Hillside Park Senior Apartments was acquired by Meta Housing in 1998 as an existing multifamily community. Meta Housing rehabilitated the project and successfully sold the property to another multifamily developer.
Meta Housing utilized tax credits and tax-exempt bonds, as well as traditional equity from Essex Investment Management in order to develop this project.