On December 10, the California Strategic Growth Council announced more than $835 million in new funding for affordable housing and transportation projects statewide - including more than $270 million awarded to six developments in the Bay Area.
Rendering of Stardust GardensDavid Baker Architects
Planned by MidPen Housing Corporation at 451 Stardust Place in Alameda, the project calls for the construction of an 80-unit affordable housing complex targeted to formerly homeless households. The $44.5 million awarded to the project will also include money for bike and pedestrian safety improvements (including separated bikeways, a bicycle boulevard, bus shelters, and bus boarding islands) and electric ferry charging infrastructure.
285 12th Street
285 12th StreetDavid Baker Architects
The project from East Bay Asian Local Development Corporation, which would replace a parking lot in Oakland, calls for the construction of 65 affordable homes for families and veterans in a mix of one- and two-bedroom units. The apartments will serve renters earning between 30 and 60 percent of the area median income level. Transportation projects to be funded by the $35.8-million grant include two miles of Class IV bikeways on Martin Luther King Jr. Way and 7th Street, as well as new sidewalks along those corridors and Broadway. Bus-only lanes are also in the works for Broadway.
Rendering of 1939 Market StreetPaulett Taggart Architects / YA Studio
Mercy Housing California and Openhouse will receive more than $47.5 million for an affordable housing complex located at 1939 Market Street in San Francisco's Market-Octavia neighborhood. The 187-unit development is to serve households earning between 30 and 60 percent of the area median income level, and is intended to serve LGBTQ+ elders. Transportation projects to be funded by the grant include signal improvements on six Muni lines, two miles of Class IV bikeways, and sidewalk repairs.
Rendering of VTA Capitol Station projectVTA
A second project from MidPen Housing Corporation, the VTA Capitol Station development will receive $49.3 million for the construction of a 201-unit housing complex serving renters earning between 30 and 60 percent of the area median income level (including 61 supportive housing units). Named for its location next to the Capitol light rail station in San Jose, the money will also go toward a transit plaza and VTA bus turnaround, as well as Class IV bikeways, sidewalk repair, and the construction of new bus shelters.
Rendering of 87 E EvelynCity of Mountain View
In Mountain View, developer Affirmed Housing will receive $49.7 million for the construction of affordable housing at 87 East Evelyn Avenue. Plans call for a seven-story building providing 161 apartments for households earning between 30 and 60 percent of the area median income level. Transit infrastructure to be funded by the project include new bike lanes, bus shelters, sidewalk improvements, and the purchase of two electric trains for Caltrain.
Rendering of proposed apartments at Treasure Island IC4.3 sitePaulett Taggart Architects
The John Stewart Company will receive $45.1 million for the construction of a 119-unit affordable housing complex on the Treasure Island IC 4.3 site. Plans also call for the addition of protected bike lanes, new sidewalks, and bus shelters.
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See what projects were awarded funding in Los Angeles County
