A group of out-of-town public and private entities, fueled by up to $100 million in bonds, have joined forces to build 250 apartments in a mostly dormant commercial block on the west side of downtown Santa Rosa.
The DeTurk Winery Village project would replace the old winery, now featuring a handful of small businesses and warehouse space, with a 250-unit affordable housing complex taking up most, if not all, of the block bordered by Ninth Street, Donahue Street, Eighth Street and the SMART tracks in Santa Rosa’s West End, directly across the street from the historic DeTurk Round Barn.
The City Council is set to vote Tuesday to would approve the issuance of $50 million in tax-exempt revenue bonds by the California Public Finance Authority, a governmental agency based in the San Joaquin Valley and staffed by Bay Area consultants. It is working with Los Angeles-based developer Meta Housing Corp., which has developed more than 7,000 homes since 1993, and a Laguna Beach-based nonprofit, the Foundation for Affordable Housing. Representatives for the three entities did not respond Monday to requests for comment and questions about the project.
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