Zen Development LLC — affordable housing pipeline
Zen Development LLC has 3 affordable housing projects in the recent California LIHTC pipeline — 1 funded with 9% tax credits and 2 with 4% credits, totaling roughly 210 units across 2 counties.
Working with Zen Development LLC on an upcoming development? BUILDLAB designs the low-voltage, security, and life-safety scope these projects depend on — structured cabling, surveillance, door access, and fire & life safety, engineered in-house.
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3 projects · 210 total units
525 Water Street
Santa Cruz, Santa Cruz County
- Builder: Zen Development LLC
- Units: 90 (89 affordable)
- Type: New Construction
- Status: Preliminary Reservation
- Tax credit: $4.2M/yr federal + $4.8M state
- App #: CA-2025-527
Clark Road Apartments
Paradise, Butte County
- Builder: Zen Development LLC
- Units: 72 (71 affordable)
- Type: New Construction
- Status: Preliminary Reservation
- Tax credit: $1.8M/yr federal
- App #: CA-2025-416
Cape Cod
Paradise, Butte County
- Builder: Zen Development LLC
- Units: 48 (47 affordable)
- Type: New Construction
- Status: Preliminary Reservation
- Tax credit: $1.8M/yr federal
- App #: CA-2025-041
Building affordable housing in a Zen Development LLC project?
BUILDLAB designs and coordinates the low-voltage, security, and life-safety scope these projects depend on — Division 27/28 structured cabling, IP surveillance, door access, DAS/ERCCS, and common-area networks — engineered in-house and coordinated across every trade to keep infrastructure costs contained. Get a free budget estimate scoped to your unit count and building type.
Data source: California Tax Credit Allocation Committee (CTCAC). Map © OpenStreetMap contributors.
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