Tag archive

Affordable

Affordable housing projects in Santa Rosa, Windsor awarded $24 million in state loans

in Housing
This rendering shows a planned 54-unit housing development for Kashia tribal members at 10221 Old Redwood Highway.

Two large housing developments in Santa Rosa and Windsor will together receive $24 million in low-interest loans from the state to create over 100 affordable units, the California Department of Housing and Community Development announced this week.

More than $8.5 million will go to the Kashia Band of Pomo Indians of the Stewarts Point Rancheria to help finance a 54-unit complex for low-income tribal members in Windsor. The site at 10221 Old Redwood Highway will also serve as the tribe’s headquarters.

In October, Burbank Housing, the local affordable developer in charge of the project, said it expected financing to take about a year and construction another 18 months. The total cost was unclear since the project was early in development.

Continue Reading on The Press Democrat

You might be interested in

USA Properties Starts Construction of 164-Unit College Creek Affordable Community in Santa Rosa, California

in Community

SANTA ROSA, CALIF. — USA Properties Fund has started construction of College Creek, an affordable multifamily community for a range of income levels in Santa Rosa. Completion is slated for fall 2023.

Located at 2150 W. College Ave., the 164-unit property is close to downtown Santa Rosa, large shopping centers, healthcare providers and several schools. The community will be available for low-income residents that meet an expanded range of income limits established by the Tax Credit Allocation Committee. Renters earning 30 percent to 70 percent of the area’s median income could quality for residence at College Creek.

Continue Reading on Rebusiness Online

You might be interested in

Go to Top