City Announces State Grant for Affordable Housing in Mission Bay

Mayor Newsom Announces State Grant For Affordable Housing in Mission Bay California Department of Housing & Community Development Names Mission Bay a Model for Sustainable Development & Establishes Mission Bay as a Priority for Future State and Federal Funding

Mayor Gavin Newsom today announced that the Mission Bay redevelopment project has been designated as one of 5 Gold Level “California Catalyst Communities” by the California Department of Housing Community Development (HCD) and will receive a $1,350,000 state grant. The Catalyst Community designation, part of HCD’s California Sustainable Strategies Pilot Program, is given to communities that are models of sustainable development and demonstrate a commitment to increasing housing supply and affordability, improving the link between jobs and housing, stimulating job creation and enhancing transportation choices. The City will receive $1,350,000 to support affordable housing in Mission Bay. This designation establishes Mission Bay as a priority for future State and Federal funding. Read more.

Posted on August 27, 2010 | The comments to this entry are closed.