Scaffolding covers 3301 Kerner Blvd., which is being converted from an office building to apartments, in San Rafael, Calif., on Tuesday, June 13, 2023. (Alan Dep/Marin Independent Journal)
San Rafael is earmarking $1.45 million to preserve affordable rental homes and create apartments for the homeless.
The City Council voted 4-0 to approve a resolution on Monday to authorize the expenditure. The money came from the city’s Affordable Housing Trust Fund. Vice Mayor Maika Llorens Gulati was absent from the vote.
“These dollars are so important,” Mayor Kate Colin said. “They give us the ability to add our little bit to these really big projects.”
The largest award is a $1 million residual receipts loan to Bridge Housing, a nonprofit developer that is renovating the Terra Linda Manor apartment complex at Nova Albion Way and Las Gallinas Avenue. A…
