Affordable housing preserved at Mosaic Garden in Redwood City

Affordable housing preserved at Mosaic Garden in Redwood City

in Community/Featured/Headline

San Mateo County officials announced today the completion of the 55-unit Mosaic Garden apartments in Redwood City, calling it “one of the largest County-funded efforts” to preserve and rehabilitate affordable housing. A grand opening is set for spring, following installation of mosaic artwork.

Formerly called Atherton Court, the renovations at 3752 Rolison Road included new interiors, siding, a roof, utilities, a community room, and solar panels, according to the County.

Concerned about soaring rents, in 2016 the County’s Board of Supervisors approved lending $5.8 million to MidPen Housing toward the purchase and upgrade of the property. 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 in a statement.

Photo credit: The County of San Mateo’s Facebook account.

 

5 Comments

  1. The one constant that is most evident is that charity and subsidies don’t work.
    What’s the solution?
    Regulation on the state level.
    Every locality has an established minimum square footage for a living space. Average these out for each state.

    If you have ever been to Ikea you’ll know just what can be done with a mere 277 square feet!
    160 square feet, the smallest legal-sized apartment for California. That’s 4X less than the average small apartment.

    Once the minimum size has been established, implement the following legislation.

    Minimum wage X 40 hours – deductions = 1 months rent.

    An allowance may be made for units in which 2 people are expected to share a unit in which the formula would be:
    40 hours at minimum wage – deductions + 1/2 of 40 hours at minimum wage net earnings = one months rent.
    When dealing with those on fixed incomes such as retirement or SSD: No greater than 1/4 of the net income of an individual.

    W̴h̴a̴t̴’̴s̴ ̴w̴r̴o̴n̴g̴ ̴w̴i̴t̴h̴ ̴a̴f̴f̴o̴r̴d̴a̴b̴l̴e̴ ̴h̴o̴u̴s̴i̴n̴g̴ ̴n̴o̴w̴?̴
    Here’s the thing about so called “affordable housing:”
    Developers and apartment management companies are often required by local government to supply a small percentage of the units available as affordable housing.
    They are often offered subsidies to “make up” for losses of market value rent.
    Typically these units are just like any other unit and the requirement often EXPIRES in 5 years! That means that in 5 years those units are flipped back to market rate!
    This eliminates any future options for low/fixed income persons.
    By mandating that new apartment complexes have a percentage of “tiny apartments” that meet the minimum requirements, we can be assured that these offerings will always be available in the future.
    This size requirement coupled with the rent control law will make it impossible for landlords to take advantage of people.

    As for changing the number of people you can house in a single unit? DON”T DO IT! Landlords will make every effort to cram as many people in a box as possible.

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