Read the full article by Ben van der Meer at Sacramento Business Journal
With an agreement to relocate the project elsewhere, Excelerate Housing Group and the city of Elk Grove have announced a settlement over the contentious Oak Rose Apartments permanent supportive housing project.
As part of the settlement, the 67-unit project would instead be on city-owned property at 8484 Elk Grove-Florin Road, rather than the originally proposed spot in Old Town Elk Grove.
“This settlement underscores our dedication to fostering a partnership with Excelerate, addressing the concerns of our community, and positioning this project for success,” Elk Grove Mayor Bobbie Singh-Allen said in a press release from the city. “We recognize the importance of permanent supportive housing in our region and this resolution reflects the city’s commitment to providing a compassionate and effective solution.”