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Villa Esperanza
1727-51 N. Hancock St.

Villa Esperanza was the first local development corporation established by PHDC in conjunction with the Nueva Esperanza CDC. Fourteen Spanish-style single-family houses with an enclosed parking area were built.

Developer: LDC - a partnership of Nueva Esperanza CDC and PHDC
Architect: H. Zimmers
Contractor: Domus, Inc

Units: 14
Type: New Construction
Cost: $1,750,750
Funders: OHCD $1,402,000
Private Funds Leveraged:$348,750