Berkeley and BART have agreed to swap air rights for land, facilitating transit-oriented housing near Ashby BART Station, including hundreds of affordable homes.
The project aims to build hundreds of homes near the Ashby BART Station, with 50% of the initial 602 homes being affordably priced, emphasizing equity.
Among the community benefits are a permanent home for the Berkeley Flea Market and affordable ground floor space for nonprofits and minority-owned businesses.
Berkeley’s investment of $26.5 million from its affordable housing fund highlights their commitment to inclusive and equitable development, reflecting on past displacement issues.
#housing-development #transit-oriented-development #affordable-housing #community-equity #berkeley-bart
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