Financing has been approved for half of the Oak Hill Apartments project in San Quentin, Marin County. The Marin County Board of Supervisors has authorized up to $41 million in bonds to support Eden Housing’s 115-unit proposal within the 250-unit master plan. The announcement comes less than a year after Education Housing Partners secured funding for the second portion of the hillside proposal.
State funding has been secured to push forward the Oak Hill Workforce Housing project in the unincorporated San Quentin community in Marin County. State Senate President pro Tempore Mike McGuire announced that the new state budget will allocate $7.5 million towards the 135-unit project, allowing the project to progress. Education Housing Partners is the project developer.
The State of California has certified the environmental study for Oak Hill Apartments, an affordable housing proposal in San Quentin, Marin County. The decision gives the green light to pursue construction, avoiding the need for local approval from the notoriously anti-housing county staff. Eden Housing and Education Housing Partners are joint developers.
The Draft Environmental Impact Report is under review that would increase the housing stock of the unincorporated community of San Quentin fivefold. Education Housing Partners and Eden Housing have proposed Oak Hill Apartments, an entirely affordable complex with 250 new apartments across two structures on the hilly 8.3-acre property. The proposal, located around 101 Sir Francis Drive Boulevard, is the largest affordable project in Marin County in roughly 50 years.