The awarded funds will contribute to the construction of 69 affordable rental units, along with essential infrastructure and transportation enhancements that will benefit the entire community.
This grant award is a significant step forward in our commitment to creating a more equitable and sustainable El Cerrito... The project will not only provide much-needed affordable housing but also contribute to our city's environmental and climate goals.
The project will be developed in six phases over about four years, with construction on the first building (Parcel A South) expected to start in 2025.
The overall transit-oriented development project includes a total of six buildings that will provide the 743 housing units, with 47% of the total units to be rented at below-market rents.
#affordable-housing #transit-oriented-development #community-infrastructure #sustainable-development #el-cerrito
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