In 1992, the City of Merced’s Building Inspections Division had to close an apartment complex located on Brimmer and Buckner Streets in southeast Merced, off Highway 99 just behind Farmers Insurance’s regional offices. Twenty-four apartments then stood vacant for three years, boarded up, an invitation to crime and petty mischief.
Finally, in 1995, the Redevelopment Agency entered into an agreement with a development partnership, B-B Park, to buy the property, clear it, and build 21 new single-family homes.
In 1996, the project was completed, with new single-family homes all occupied by low and moderate-income homebuyers.
Agency expenses amounted to about $275,000. The Agency helped resolve a community blight problem, provided 21 single-family homes, and stimulated $1.5 million of private investment in new homes.
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