26 March 2021
A Bay Area nonprofit real estate developer recently revealed plans to build 3,000 homes in Northern California over the next five years, many of which will be for those with low incomes and the homeless. A few hundred of those dwellings are in the works for North Bay counties.
As a part of its new 2021–2025 strategic plan, MidPen Housing plans to build environmentally sustainable housing with 40% of the units dedicated to at-risk and extremely low-income individuals and families.
The Foster City-based developer of subsidized housing said it has a “robust pipeline“ of North Bay projects:
- Casa Roseland in Santa Rosa: 75 units
- Mahonia Glen in Santa Rosa: 99 units
- 414 Petaluma in Petaluma: 41 units
- Napa Pipe in south Napa: 120 units
- Fair Haven Commons in Fairfield: 72 units
“We have an ambitious goal for very-low-income housing,” said Jan Lindenthal, chief real estate development officer, told the Business Journal.
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