|
Getting your Trinity Audio player ready...
|
The California Strategic Growth Council has awarded funding to five affordable housing projects, including the Middlefield Junction in Redwood City, according to a Caltrain news release last week.
The Middlefield Junction project would receive roughly $25.5 million in grant money, including $14.8 million for housing, $637,000 for programs and $10 million for transportation costs. Other qualified projects are Sunnydale HOPE SF Block 3A in San Francisco, 965 Weeks in East Palo Alto and both Dupont Apartments and Tamien Station in San Jose.
“This grant will address two major problems that confront the Bay Area; making housing more affordable and offering residents better transit options,” said Caltrain board chair Steve Heminger in the release. “Caltrain was proud to partner with these projects, and we look forward to their residents riding on our electrified service.”
In 2018, San Mateo County Housing Department put out a request for proposals to develop a 3.2-acre parcel located at 2700 Middlefield Road in North Fair Oaks, between Atherton and Redwood City, according to a 2018 report by the Almanac. It is located behind the North Fair Oaks Health Center. The development by Mercy Housing California, which applied for the funds from, would convert an old recycling facility into affordable housing that would include one-to-three-bedroom units and a minimum of 100 units and a childcare facility, according to information from the county.
These grants are a part of the Affordable Housing and Sustainable Communities Program (AHSC). The program allows affordable housing developers to partner with transit agencies in order to seek funds for projects that reduce greenhouse gas (GHG) emissions and provide benefits to disadvantaged communities.
Over $108 million in funds have been awarded, approximately $27 million of which will support Caltrain’s 37 new electric train cars, the release stated.
