New permits have been filed for the affordable housing proposal at 1212 Del Paso Boulevard in Sacramento. The project, named 1212 Village, will create 75 new homes and retail space near another affordable proposal by BRIDGE and Old North Sacramento. Volunteers of America is the project developer and will become the property manager once complete.
The City of San Jose has assisted in purchasing a seven-story apartment complex at 787 The Alameda by Diridon Station. The city has committed to financing “not to exceed $100,000,000 of tax-exempt multifamily housing revenue bonds by the California Municipal Finance Authority” to allow Catalyst Impact Fund to purchase the building. Once complete, Catalyst will oversee converting 168 units into affordable housing.
The Nova Alianca Hall in San Jose has been sold by the Portuguese marching band society to Intelli, an affiliate of the local developer, Do Van Tron. The property, located at 37 North 27th Street, is close to the prospective 28th Street Little Portugal BART Station. Though the transit connection isn’t expected to open for well over a decade, the new owner is hoping to build dozens of apartments.
Development permits were submitted seeking the approval of a residential project at 2515 Folsom Street in Mission District, San Francisco. The project proposal includes the development of a four-story apartment building. Plans call for the demolition of a two-story single-family dwelling on the site. Shatara Architecture Inc is responsible for the design concepts.
The City of Vallejo has approved the plans for new housing at 5180 Sonoma Boulevard. The project will add over four hundred new homes to Solano County’s most populous city. Jackson Square Properties is the project developer.
