Residents at Mirador Las Casas are looking forward to fully renovated homes. Besides new kitchen and bath cabinets, efficient plumbing and electrical systems, the tenants are anticipating a computer room, a refurbished basketball court, and redesigned walkways.

The 294-unit apartment complex located in San Juan is getting an investment of $96.2 million from a combination of permanent tax-exempt bonds, 4% Federal Low-Income Housing Tax Credits generating $26 million in equity and deferred developer fee, plus funds from HUD’s Community Development Block Grant-Disaster Recovery program. Announced in March by Puerto Rico Governor Pedro Pierluisi, the rehabilitation is expected to be completed in 24 months.

The rehabilitation work is being carried out relocating families within the same project as it has 36 vacant units for this purpose. Once finalized, it will have 16 units for people with functional diversity, and three of them will be “sensory accessible” for citizens with hearing impairments. 291 units are supported by a Section 8 Housing Assistance Payment contract.

HUD members from the San Juan Multifamily program office attended the ceremony initiating the rehabilitation work in March and will be available for any assistance needed until the renovation of the 21 buildings containing 96 two-bedroom units, 144 three-bedroom units, and 54 four-bedroom units in complete.

Project upgrades will include infrastructure improvements, the replacement of the main sanitary sewer, primary and secondary electric power system, replacement of the telecommunications infrastructure, closed-circuit television (CCTV) camera system, electrical photovoltaic (PV) system and emergency power generator, a 15,000-gallon drinking water storage tank, and hydro pneumatic pressure system.

Additionally, the site will receive a new building for administrative offices and recreational spaces to support residents. Upgrades will also include a new gymnasium and the resurfacing of 300 parking spaces.

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