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Santa Rosa receives nearly $26 million in grant money for housing, transit projects (Press Democrat)

 

By Chantelle Lee, June 25, 2020, Press Democrat. 

Nearly $26 million in state grant money was approved Thursday to fund several projects in Sonoma County, including new affordable housing in Roseland and an extension to the SMART system.

The $25.8 million grant package was awarded to the city of Santa Rosa, SMART and Bay Area affordable housing developer MidPen Housing by the California Strategic Growth Council, a state agency focused on affordable housing and transportation.

The state grant includes $15 million, which will fund the construction of 75 units of affordable housing at MidPen’s Roseland Village development on county-owned land on Sebastopol Road. The total estimated cost of the project is $65 million. The project will also include some market-rate housing.

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Such financing is necessary. After all, this grant will go to a common and very important cause. The construction of affordable housing is always relevant for many people. I understand how important this is because I faced some problems when applying for a loan for housing. I have a bad experience with this. Now I prefer not to take out a loan, and if there is a very urgent need, then I choose only trusted sources. I recently completed an application for payday loans online in Alabama and received a positive response from the lenders I have dealt with in the past, and I'm confident in their reliability. Only in such cases am I ready to take out a loan.

Last edited by William Gallagher
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