New funding propels downtown Santa Rosa affordable housing

Construction of a 52-unit, $12.8 million affordable housing and commercial project in Downtown Santa Rosa is expected to go forward this September, funded by new financing after project developers were unable to obtain highly sought-after affordable housing funds to begin construction shortly after the project’s approval in 2010. On the corner of Seventh and Humboldt Streets, the five-story project, a partnership between Santa Rosa’s Hugh Futrell Corp. and Community Housing Sonoma County NPR, LLC, will feature commercial space on its ground floor and offer 51 one-, two- and three-bedroom units to low-income tenants, according to Hugh Futrell.

North Bay Business Journal

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