Housing project created for low-income seniors and former foster kids
LONDON: A housing project has been created for both low income seniors and former foster kids.
The San Mateo County Board of Supervisors voted unanimously Tuesday to allocate more than $40 million toward seven affordable housing developments. That money will help build more than 430 homes and apartments in Belmont, South San Francisco, Menlo Park, Daly City and Moss Beach.
“High rents and massive mortgages price out workers — and our kids — who are forced with the choice of grueling commutes to our job centers or moving out of the region,” said Warren Slocum, the Board’s president. “The solution to the housing crisis is simple: build more housing. And that’s exactly what we are contributing to with this investment of Measure K funds.”
According to the county, just over half of the money will come from the half-cent Measure K sales tax, with about $16.5 million coming from the Moving to Work program. The county has authorized more than $300 million to preserve and build affordable housing on the Peninsula. The seven developments covered by the funding will provide affordable places to live for low-income seniors, families, farmworkers, former foster youth and people with developmental challenges.
Here’s where the affordable housing developments are being built:
Hill Street Apartments, Belmont: This project, by Linc Housing, would provide 37 new units on a city-owned parcel at Hill Street and El Camino Real near the Caltrain station.
Cypress Point, Moss Beach: Developed by MidPen Housing, this project would provide 71 new units at Carlos Street and Sierra Street in Moss Beach.
Ridge@Ralston, Belmont: This 65-unit project being developed by Abode Housing/CRP Affordable would be built less than two blocks east of Caltrain and El Camino Real.
493 Eastmoor, Daly City: The CORE Companies proposes to build 72 units at the northwest corner of Eastmoor and Sullivan avenues, a short walk from the Colma BART station.
Rotary Gardens, South San Francisco: This project, by Beacon Development and South San Francisco Rotarians, would create 80 units of senior housing in the city’s downtown core, including some units for homeless seniors and frail elderly.
Independence Drive, Menlo Park: Habitat for Humanity Greater San Francisco plans to build 18 affordable townhomes for first time homeowners.
Serramonte del Rey, Daly City: This 88-unit project by Eden Housing is being proposed with the Jefferson Union High School District, the owner of the property being redeveloped off of Serramonte Boulevard.