Thursday, January 23, 2025

$40 million allocated for affordable housing in San Mateo County

$40 million allocated for affordable housing in San Mateo County
County supervisors allocated more than $40 million to spur the development of new affordable housing in San Mateo County.

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The supervisors of the San Mateo County They allocated more than 40 million dollars to stimulate the development of new affordable housing in order to support workers, youth and families who live, work or study in the area.

Spread across seven projects, the funds will contribute to the creation of 431 new affordable housing units from Daly City to Menlo Park, with more than $21 million in funding coming from the voter-approved Measure K half-cent sales tax, which provides local funding for local needs.