"Located just off Middlefield Road in North Fair Oaks, the Monarch at Redwood will feature studio, one-, two- and three-bedroom apartments, including one for an on-site manager. Forty-six units are reserved for income-qualified households, with rents based on a percentage of household income. According to San Mateo County, the $70.4 million project is supported by nearly $21 million in loans from the Affordable Housing Fund."
"the Mental Health Services Act and the state's Housing for a Healthy California program. The county said the San Mateo County Housing Authority will also provide 24 project-based vouchers to ensure ongoing rental assistance. Residents will have access to a variety of supportive services, including job training, career development, and health and wellness programs. Service coordinators from the Mental Health Association of San Mateo County will be on-site to assist residents with medical or mental health challenges."
Developers broke ground on two housing projects in North Fair Oaks and Daly City as part of efforts to meet state-mandated housing targets. Monarch at Redwood will include studio through three-bedroom apartments and one manager unit, with 46 units reserved for income-qualified households and rents tied to household income. The $70.4 million development is backed by nearly $21 million in Affordable Housing Fund loans and additional state and federal resources. The San Mateo County Housing Authority will provide 24 project-based vouchers. Residents will receive supportive services such as job training, career development, and on-site mental and medical assistance. The project follows a fire that destroyed a nearby affordable complex, which is being rebuilt.
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