Read the full article by Ben van der Meer at Sacramento Business Journal
Pending receipt of tax credits to be awarded in November, a second affordable housing project on Arden Way in Sacramento could get under construction next spring.
At 440 Arden Way, a closed armory building would give way to a five-story, 124-unit project by Bridge Housing of San Francisco.
Bridge Housing CEO Ken Lombard said a critical piece came through late last month with $42.9 million from the state Strategic Growth Council’s Affordable Housing and Sustainable Communities Program.