City staff recommends RFP for 7‑acre site and to continue affordable‑housing pipeline

City housing staff on Wednesday recommended that the Rancho Cordova City Council continue advancing its current affordable‑housing projects and issue a request for proposals for a city‑owned seven‑acre parcel in the Ranch specific plan area. The recommendation came during an affordable‑housing workshop presented by Stephen Heisler, housing manager for the city, who reviewed completed projects, projects in the pipeline and local funding available to close financing gaps. Heisler said the city has used local funding sources including land dedications, impact‑fee revenue and a housing trust fund to support developments and that staff is proposing an RFP for the 7‑acre ranch parcel “as soon as practicable.” Heisler also asked the council whether it prefers larger bond‑driven projects or smaller, target‑population projects when prioritizing limited local funds. Staff described several projects already under way or in planning: the…