$50 million awarded to build affordable housing units in Oakland

OAKLAND… The awards came from the California Department of Housing and Community Development and California Strategic Growth Council through the California Housing Accelerator and the Local Housing Trust Fund programs…

The following projects will begin construction within the next six months:

The Phoenix (801 Pine Street): 52 affordable units, 1 unrestricted manager unit (101 total) – $26 million. Developers: East Bay Asian Local Development Corporation & Allied Housing Inc.