Fresno Housing and CEO Tyrone Roderick Williams will likely break ground on Davu Village this summer. Photo by Dylan Gonzales

Fresno Housing received nearly $25 million in federal and state Low-Income Housing Tax Credits (LIHTC), a program that encourages private developers to invest in affordable housing by offering tax incentives, for the 63-unit Davu Village, officials announced Tuesday morning.

According to a 2025 application, the award includes a $2.5 million reservation in annual federal credits. In total, there is a projected total tax credit equity of around $23.3 million to help support the project’s $35.4 million development cost.

The project will bring rehabilitation of existing structures with new construction to create 63 studio apartments at 1415 W. Olive Avenue, the former home of Golden State Triage Center. Davu Village will provide permanent housing for people in and out of homelessness and those at risk of homelessness.

Davu Village will be the third former motel along Parkway Drive near highway 99 to transform into affordable housing, which is part of a long-term revitalization effort by Fresno Housing and the City of Fresno for an area that has been known for disinvestment over recent years.

“Parkway Drive has a long history of challenges, but today it represents one of Fresno’s most promising examples of what reinvestment and community vision can accomplish,” said Tyrone Roderick Williams, CEO of Fresno Housing in a news release. “The tax credit award for Davu Village continues the momentum of turning once-dilapidated sites into vibrant communities that offer safety, stability, and opportunity.”

Construction is expected to begin in summer 2026 following completion of financing and due diligence.

“For five years, we’ve worked to meet people where they are—providing services, skills training, and temporary housing. Davu Village takes that work further- by bringing permanent housing to 63 people who were formerly homeless. This is another way to give them the stability they need to rebuild their lives and succeed,” said Fresno Mayor Jerry Dyer.