Redwood City affordable housing complex undergoing major rehab

in Community/Featured/Headline by

A 55-unit affordable housing complex in Redwood City is undergoing a major rehabilitation.

The highly-anticipated project is underway two years after the Mosaic Garden apartments at 3752 Rolison Rd. was purchased as part of a partnership between San Mateo County and the nonprofit MidPen Housing, with the goal of preventing displacement of residents amid soaring housing costs.

Today, San Mateo County officials posted a video on Facebook of the start of construction at the apartment building located east of Highway 101 near Marsh Road.

In 2016, the county’s Board of Supervisors approved lending $5.8 million to MidPen Housing to purchase and upgrade the property, then called Atherton Court. The loan was the county’s first approved through its Affordable Rental Acquisition and Preservation Program.

“At a time of soaring rents – San Mateo County is among the most expensive places to live in the nation – Mosaic Garden is now protected as affordable housing for the long term,” the county said.

Last year, the San Mateo Daily Journal penned a piece about how Mid-Pen Housing’s purchase of the property helped a family continue their mission of saving up to purchase their own home, as they were assured their rent would remain stable.

 

Leave a Reply

Your email address will not be published.

*