City Announces State Grant for Affordable Housing in Mission Bay

California Department of Housing & Community Development
Names Mission Bay a Model for Sustainable Development & Establishes
Mission Bay as a Priority for Future State and Federal Funding

Mayor Gavin Newsom today announced that the
Mission Bay redevelopment project has been designated as one of 5 Gold
Level “California Catalyst Communities” by the California Department of
Housing Community Development (HCD) and will receive a $1,350,000 state
grant. The Catalyst Community designation, part of HCD’s California
Sustainable Strategies Pilot Program, is given to communities that are
models of sustainable development and demonstrate a commitment to
increasing housing supply and affordability, improving the link between
jobs and housing, stimulating job creation and enhancing transportation
choices. The City will receive $1,350,000 to support affordable housing
in Mission Bay. This designation establishes Mission Bay as a priority
for future State and Federal funding. Read more.