About The Property

Constructed in 1973, Keller Plaza was a privately-owned, HUD-subsidized 201-unit apartment complex located at 51st Street and Telegraph Avenue in the Temescal neighborhood of North Oakland. In 1996, the OHA initiated the purchase of this property through a newly created non-profit housing development corporation, Keller Housing Initiatives, Inc. (KHI), in order to permanently preserve this affordable housing resource.

While the project has undergone several renovations since assuming ownership in 1996, the OHA/KHI undertook a substantial rehabilitation program in 2009. OHA/KHI refinanced the existing HUD 236 loan and leveraged additional public and private debt and tax credit equity to cover project costs. The renovation included upgrades to the residential units, community room and leasing offices, landscaping, exterior stucco and siding, windows, roofing, and accessibility improvements.

  • The Building

Site Address: 5321 Telegraph Avenue​
Units: 201 one-, two-, and three-bedroom apartments, including two managers’ units
Green Building: HUD Green Retrofit Program
Completion Date: 2012

  • The People

Architect(s):

  • SGPA Architecture and Planning
  • Salazar Architects

Landowner: Oakland Housing Authority
Project Partner(s): ​Keller Housing Associates, L.P.
Population(s) Served: Households with maximum incomes up to 80% of AMI
Site Phone Number: (510) 652-4043

  • The Funding

Development Cost: Approximately $29 Million
Sources of Funding:

  • Oakland Housing Authority
  • Citibank
  • Wells Fargo Bank
  • National Equity Fund
  • ​U.S. Department of Housing and Urban Development