Joyfield-at-Lakeview-Antioch

Standard Communities Secures $53.1M for East Bay LIHTC Development

by Lynn Peisner

ANTIOCH, CALIF. — Walker & Dunlop has arranged a $53.1 million loan for the construction of Joyfield at Lakeview Center, a Low-Income Housing Tax Credit (LIHTC) affordable housing community in Antioch, approximately 45 miles west of San Francisco. Standard Communities is the developer and borrower. Joyfield Lakeview Center consists of 233 units across seven three- and four-story buildings that will be reserved for tenants earning up to 30 or 70 percent of area median income. Amenities include a clubhouse, fitness center, business center, playground, courtyard and dog park. Completion is slated for 2028.

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