First Housing Development Corporation of Florida

Owner:

SP OV Apartments

Architect:

Architectonics Studio, Inc.

General Contractor:

Vaughn Bay Construction

Client:

SP OV Apartments

Scope Of Work

First Housing Development Corporation of Florida completed the Credit Underwriting for the Jacksonville Housing Finance Authority for the Acquisition/Rehabilitation and permanent financing of Oakwood Villa.  Located in Jacksonville Florida, the Oakwood Villa project contains 200 income restricted Multiple Family Affordable Housing Units.
First Housing is completing the construction administration for the Authority.  

The project consists of 50 2-story apartment buildings with a 1-story office/community center and was originally constructed in 1972.  The existing building renovations will include complete replacement of all roofs, windows, exterior doors, vinyl siding, select interior doors, light fixtures, wall tile, plumbing fixtures, mechanical equipment and appliances as well as kitchen and bathroom cabinet and countertop replacements.  The community center will include a fitness center, resident lounge, computer room, breakroom, library, equipment storage, restrooms and office space.  
All parking and sidewalks will be repaired or replacement and new compliant curb ramps will be provided throughout the site.  A new tot lot, shuffleboard court and car care center will be added. Rehab should be completed in early 2019.
For more information on First Housings’ services please contact us at loanadmin@firsthousingfl.com