Resending to fix link--NEWS: Funding Approved for Largest Affordable Housing Project in San Mateo County’s History
San Mateo County, California sent this bulletin at 08/27/2024 06:13 PM PDT
Aug. 27, 2024
For Immediate Release
Funding Approved for Largest Affordable Housing Project in San Mateo County’s History
Landmark project will help County’s efforts to end homelessness
Redwood City – The largest affordable housing project in San Mateo County’s history received key financial support today from the Board of Supervisors.
By a unanimous vote, supervisors approved a $14 million loan that will spur construction at Midway Village, located near the Cow Palace in Daly City’s Bayshore neighborhood.
“This is probably, in terms of housing in San Mateo County, one of the most transformative projects ever,” said Board Vice President David Canepa, whose District 5 includes Midway Village. “You’re looking at going to 555 units. This is amazing.”
The County, through the Housing Authority, is working with partners to transform and expand Midway Village into a neighborhood that showcases affordable housing in the modern age. The new housing will also help achieve functional zero homelessness, that is when the social services system is able to prevent homelessness whenever possible and ensure that when homelessness does occur, it is rare, brief and one-time.
