Consisting of a total of 144 large
one, two and three-bedroom apartments in 37 fourplexes,
Renaissance Village was acquired by National CORE
in 1994.
 |
| Gang and drug activity was
prevalent at Renaissance Village before rehab. |
The
buildings, previously under multiple ownership with
no central, on-site management, had begun to deteriorate
in the late 1980's to the point that the entire neighborhood
had become a magnet for drug dealing, arson, gang
activity, and other crime. By the time National CORE
was approached by the City of Rialto, many of the
buildings had been damaged by fire, and only four
of the buildings were even partly occupied by paying
tenants. Meanwhile, the blight had begun to spread
into the surrounding neighborhood, and the city was
devoting an inordinate amount of municipal resources
(mostly police and fire response) to the area.
 |
| Many of the buildings were
boarded up up. However, squatters and transients
were able to get in and use the unts for illegal
activity. |
National CORE worked closely, not only with city
redevelopment officials, but also with the numerous
lenders that had since foreclosed on most of the individual
properties. Funding was secured from a variety of
sources, including local redevelopment set-aside finds,
Department of Housing and Urban Development HOME funds,
the Federal National Mortgage Association and a grant
from the Federal Home Loan Bank's Affordable Housing
Program.
 |
|
Renaissance Village after
rehab.
|
Since the transformation of Renaissance Village was
completed in 1996, the community has exceeded 95%
occupancy, all by low- to very low-income families.
Residents also benefit from the company's Community
Resource program, which has arranged for job fairs,
an after-school fine arts enrichment program, summer
day-camp and other activities geared primarily toward
resident children.
| Renaissance Village
has earned many regional and national awards including: |
| |
|
| 1996 |
National Association for County
Community Economic Development (NACCED)
"Award of Excellence"
Best Use of Home Funds |
| |
|
| 1996 |
American Institute of Architects
Vintages & Vinegar Awards
"The Chianti Award" |
| |
|
| 1997 |
National Association of Home Builders
(NAHB) & Multi Housing News
Pillars of the Industry
"Best Multifamily Rehabilitation" |
| |
|
| 1998 |
California Redevelopment Association
(CRA)
Award of Excellence for
"Residential Development" |
| |
|
| 1999 |
 National
Affordable Housing Management Association (NAHMA)
Community of Quality
"Outstanding Turnaround of a Troubled Property"
|
| |
|
| 1999 |
National Association of Home Builders
(NAHB) & Multi Housing News
Pillars of the Industry
"National Property Manager of the Year"
Teri Hoerntlein (Community Manager) |
| |
|
| 1999 |
Apartment Association
of the Greater Inland Empire (AAGIE)
APEX Award
"Assistant Manager of the Year - 150 units or
less"
Lisette Castaneda (Assistant Community Manager)
|
 |
|
Renaissance Village after
rehab.
|
|
Renaissance
Village
Rialto, California
|
|
144 Units
|
|
220 N. Glenwood Avenue
Rialto, CA 92376
|
|
|
