RAAM Construction completed the relocation and historical renovation of eight early 20th Century bungalow units and new construction of 34 units at Fair Oaks Court, an affordable for-sale housing community in Pasadena and the first community in the nation to use the specialized federal tax-credit program known as New Markets Tax Credits (NMTC).
RAAM partnered with non-profit developer Heritage Housing Partners (HHP) to provide affordable homeownership opportunities for a spectrum of household incomes. The project contains 33 low- and moderate-income units, three workforce homes, four market-rate homes, and one commercial unit, ranging from one to four bedrooms. A total of 44 units, the mix includes eight one-bedroom, 10 two-bedroom, 13 three-bedroom, and 13 four-bedroom apartments.
Reflecting Pasadena’s legendary Craftsman bungalow-style and sustainability features while bringing home the importance of green thinking, architectural firm Moule & Polyzoides’ design of Fair Oaks Court was inspired by the surrounding Raymond-Summit neighborhood, which is full of intriguing historic homes. Buildings are organized around two planted communal courtyards and a large community green, linked by a series of landscaped and trellis-covered walks. Amenities include private patios and balconies, a secure parking garage with elevator, and close proximity to Pasadena’s Old Towne District.
Fair Oaks Court has received several awards, including the Revitalization-Rehabilitation Award andthe 2009 City of Pasadena Historic Preservation Award (Fair Oaks Court Bungalows), 2009 Gold Nugget Award: Outstanding Attached Project, 2009 Gold Nugget Award: Residential Community of the Year—Attached, 2008 Reader’s Choice Affordable Project of the Year, and the 2008 Affordable Homeownership Project of the Year by SCANPH.
New Construction and Historical Preservation
Heritage Housing and Partners
Moule & Polyzoides Architects
DATE OF COMPLETION