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The Wall Street Publication > Blog > U.S > San Mateo County’s largest inexpensive housing improvement opens
U.S

San Mateo County’s largest inexpensive housing improvement opens

Editorial Board Published May 19, 2025
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San Mateo County’s largest inexpensive housing improvement opens
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San Mateo County’s largest inexpensive housing improvement opens

The primary 147 models at Halfway Village, a significant inexpensive housing redevelopment close to the historic Cow Palace enviornment in Daly Metropolis, formally opened final week for low-income households and younger adults transitioning out of foster care.

The undertaking is a part of a four-phase plan to interchange 555 growing old flats, initially constructed within the Seventies, with fashionable models. As soon as accomplished, it will likely be the biggest inexpensive housing improvement in San Mateo County.

Of the newly opened models, 27 are reserved for native educators and 12 for younger adults exiting foster care. To qualify, residents should fall inside low- or extraordinarily low-income classes. In San Mateo County, a person incomes $109,700 yearly is taken into account low revenue, whereas $41,150 qualifies as extraordinarily low revenue.

“This is a neighborhood near the Cow Palace that has really struggled for decades but is starting to show new signs of life,” stated San Mateo County Board of Supervisors President David Canepa throughout a ribbon-cutting ceremony Friday. “This is a transformative project that took a very old and outdated affordable housing complex with 150 units to what will be a modern complex with more than 500 units for individuals often on the brink of being homeless.”

Part I consists of studios and one- to three-bedroom flats, together with 190 parking areas.

Based on MidPen Housing’s web site, the undertaking’s developer, studio models in Part I are priced at $1,649 per 30 days. Unique Halfway Village residents will obtain housing precedence, in accordance with the county.

Debbie McIntyre, government director of the San Mateo County Housing Authority, stated the undertaking highlights the county’s dedication to tackling the housing affordability disaster.

“From dedicating this property for new affordable homes to providing project-based vouchers and capital, the Housing Authority partners closely with the county to create places like this where diverse communities can thrive,” she stated.

On the identical day Part I formally opened, county officers broke floor on Part II. Amongst a number of funding sources, the San Mateo County Board of Supervisors authorized a $14 million mortgage final 12 months to help building of the second part.

Part II, anticipated to open by 2027, will embody at the very least 113 two- to four-bedroom flats with full kitchens, electrical stoves, in-unit laundry, and shared facilities resembling a group room, a studying middle with out of doors play area, safe bicycle storage, and public artwork. The part may also embody a 15,000-square-foot baby care middle operated by San Mateo-based nonprofit Peninsula Household Service, which can serve as much as 109 youngsters, together with these from low-income households.

Twenty-nine of the models in Part II will likely be reserved for folks with supportive housing wants, together with these experiencing or vulnerable to homelessness.

San Mateo County, one of the crucial costly locations to reside within the nation, is amongst a number of Bay Space jurisdictions going through elevated scrutiny from state housing regulators. Counties and cities that fail to satisfy their state-approved housing plans, generally known as the housing factor, threat dropping funding or triggering the “builder’s remedy,” a measure that permits builders to bypass native zoning legal guidelines if their tasks embody sufficient inexpensive models.

MidPen Housing, the Foster Metropolis-based developer main the undertaking, has constructed greater than 9,000 inexpensive houses throughout over 130 communities principally in Northern California since 1970. The group focuses on offering housing for low-income households, seniors, and people with particular wants.

TAGGED:affordablecountysdevelopmenthousingLargestMateoOpensSan
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