New funding gap found in Fremont affordable housing project

FREMONT – The city of Fremont has opened up its purse again to support the conversion of an old motel into affordable housing, potentially bringing...

November 24, 2022
12:26 PM

FREMONT – The city of Fremont has opened up its purse again to support the conversion of an old motel into affordable housing, potentially bringing the amount the city has loaned to the project to more than $13.8 million. The Bell Street Gardens project will see the former Islander Motel, located at 4101 Mowry Ave., transformed into 128 permanent affordable housing apartments. The motel was purchased by Resources for Community Development (RCD), a Berkeley-based nonprofit affordable housing developer, in 2018, and the city has supported the planned renovation with a number of loans.

Martha Brennan