On November 7, the Fremont City Council authorized $4.1 million in funding to purchase land and cover pre-construction costs for City Center Apartments, a new affordable housing development located at 38631 Fremont Blvd. to be built by the Fremont-based nonprofit Allied Housing.
The project will consist of 59 studio and one-bedroom apartments and will house low income and special needs households, including veterans. Sources of funding include the City’s federal Community Development Block Grant (CDBG) allocation, affordable housing fees paid to the City by developers of market-rate housing, and an advance from a local developer for assistance in purchasing the property.
The City’s award will help Allied Housing compete for additional federal, state, and county funding.