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Council allocates $600,000 to three affordable-housing projects; adds $3,000 admin appropriation to trust fund

5923495 · June 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The San Rafael City Council on June 23 approved allocation of local affordable-housing trust funds totaling $600,000 across three projects: $200,000 to Abode Housing (519 Fourth St.), $150,000 to EAH Housing (Riviera Apartments, 455 Canal St.) and $250,000 to Marin Foster Care Association (Park Street acquisition).

The City Council on June 23 approved staff recommendations — with one increase — to allocate local affordable housing trust funds to three projects that applied under the city’s 2025 Notice of Funding Availability (NOFA). The final action appropriated $603,000 from the affordable housing in-lieu fee fund (including $3,000 in administrative costs) and authorized funding agreements with the three project sponsors: Abode Housing ($200,000 grant for predevelopment at 519 Fourth Street), Marin Foster Care Association ($250,000 grant for acquisition and transitional-age youth housing at 158–166 A Park Street) and EAH Housing ($150,000 residual receipts loan to…

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