FY 2025-2026 Multifamily Housing Application Award Recommendations November 18, 2025
City Council
Orlando Reyes, Assistant Director
Type of Development
# of Projects
# Units
City Funds
Total funds
New Construction
9 608
$22,842,591
$362,618,928
Rehabilitation
3 85
$3,626,246
$12,310,298
Acquisition
8 115
$11,950,000
$45,418,025
Totals
20 808
$38,418,837
$420,347,251
10-Year Funding for Affordable Housing Projects
Source of City Funds
Amount
%
ARPA
$5,981,682
16%
CDBG
$2,832,563
7%
Fee Deferral
$1,118,570
3%
FHC
$3,755,000
10%
HOME
$10,065,026
26%
HSA
$2,481,500
6%
Land Donation
$1,905,000
5%
LHTF
$5,444,292
14%
PIP
$1,169,737
3%
PLHA
$3,665,467
10%
Total
$38,418,837
Project
Developer
Type of Development
Completion Date
Number of Units
Total City's Funds
Overall Project Cost
Moon Gate Plaza
MidPen
New Construction
12/19/2018
90 $3,883,448
$41,919,419
Vista de la Terraza
CHISPA
Rehabilitation
12/10/2019
40 $2,148,102
$3,453,833
Haciendas Phase III
MCHADC
New Construction
1/30/2020
50 $1,903,565
$25,906,949
403 E. Romie Ln
City of Salinas
Acquisition
5/1/2023
2 $1,450,000
$1,450,000
817 Bautista Dr
BACS
Acquisition
5/3/2023
1 $625,000
$625,000
Catalyst Apartments
Interim Inc.
Rehabilitation
6/30/2023
5 $518,144
$775,816
1028 Larkin St
City of Salinas
Acquisition
9/18/2023
1 $690,000
$690,000
414 Crescent Way
City of Salinas
Acquisition
11/14/2023
1 $640,000
$640,000
Parkside Manor Phase I
MCHIAA
New Construction
4/29/2024
80 $1,774,045
$50,339,416
Sun Rose Housing Development
Interim, Inc.
New Construction
6/12/2024
17 $1,227,860
$8,622,975
1030 Fairview Ave.
HACM
Acquisition
1/1/2026
45 $2,500,000
$8,000,000
CHISPA ADU
CHISPA
New Construction
4/30/2026
3 $390,000
$690,000
Affordable Housing Projects Funded
Project
Developer
Type of Development
Completion Date
Number of Units
Total City's Funds
Overall Project Cost
CHISPA ADU
CHISPA
New Construction
4/30/2026
3 $390,000
$690,000
855 E. Laurel St
Eden Housing
New Construction
6/1/2028
132
$500,000
$66,596,403
Vista de La Terraza
CHISPA
Rehabilitation
7/30/2026
40 $960,000
$8,080,649
200 Casentini St. Apt
HACM/Milestone Housing
New Construction
1/10/2028
88 $3,837,000
$59,971,302
St George Apartments
CHISPA
Acquisition
7/20/2029
36 $3,017,699
$28,613,025
34-40 Soledad St
TBD
New Construction
TBD
100
$2,152,828
$80,000,000
El Rey Motel
City of Salinas
Acquisition
TBD
26 $3,600,000
$3,600,000
Division St.
HACM
New Construction
TBD
48 $4,801,146
$28,572,464
Allocated FHC funds for Single Family Homes
TBD
Acquisition
TBD
3 $1,800,000
$1,800,000
Totals
808
$38,418,837
$420,347,251
Affordable Housing Projects Funded - Continued
Discussion
Notice of Funding Availability and Multi-Family Housing Application Purpose: To fund Affordable Housing Developments in the City of Salinas Funding Sources:
Local Housing Trust Fund (LHTF)
HOME Investment Partnership Program
HOME Community Housing Development Organization Set-Aside (CHDO) Permanent Local Housing Allocation (PLHA)
Community Development Block Grant (CDBG)
Staff Recommendation Funding Amount: $8,460,220
Application & Award Timeline
Item
Timeline
NOFA Publication Date
June 24, 2025
Application Release Date
June 24, 2025
Application Workshop
July 9, 2025
Application Due Date
July 30, 2025, at 5:00 PM
Application Review Period
July 31, 2025 – September 30, 2025
Funding Recommendations to Housing and Land Use Committee October 21, 2025
Funding Recommendations to City Council
November 18, 2025
Amount Requested
Applicant
Project Address
Project Name
Description
Amount Requested
# of Units
Affordability Level
CHISPA
165-177 Carr Avenue
Vista de la Terraza
Multifamily Housing
$607,000
40 60% AMI
Milestone Housing
200 Casentini Street
200 Casentini Street Apartments
Multifamily Housing
$7,250,000
88 60% AMI
CHISPA
376 E. Alvin Drive
St. George Apartments
Senior Housing
$4,000,000
36 60% AMI
Eden Housing
855 East Laurel Street
855 East Laurel Phase 1
Farmworker Housing
$4,124,000
78 60% AMI
RHCB
300 Monterey Street
Salinas Modular
Multifamily Housing / PSH
$2,000,000
66 80% AMI
Totals
$17,981,000
308
Vista de la Terraza
Agency: CHISPA Housing
Scope of Work: Rehabilitation -100% affordable
# of Units: 39 affordable units, 1 manager unit
Target Population: Current families of VDLT
Total Development Cost: $8,080,649
Casentini Street Family Apartments
Agency: Milestone Housing Group and HDC
Scope of Work: New construction - 100%
# of Units: 87 affordable units, 1 manager unit
Target Population: Families
Total Development Cost: $59,971,302
St. George Apartments
Agency: CHISPA Housing
Scope of Work: New construction
# of Units: 35 affordable units, 1 manager unit
Target Population: Senior Housing
Total Development Cost: $28,613,025
Project Photos
East Laurel Phase 1
Agency: Eden Housing
Scope of Work: New Construction
# of Units: 77 units, 1 manager unit
Target Population: Farmworker Housing
Total Development Cost: $66,596,403
Project Photos
Salinas Modular
Agency: RHCB Development LP
Scope of Work: Modular Housing
# of Units: 66 affordable units, 1 manager units
Target Population: City of Salinas residents, 7 units set aside for permanent supportive housing Total Development Cost: $66,889,664
Republic Café
Agency: City of Salinas
Scope of Work: Fire Damage Remediation and Stabilization # of Units: up to 6
Target Population: TBD
Recommended Funding
Applicant
Project Address
Project Name
Description
Amount Requested
Amount Recommended
CHISPA
165-177 Carr Avenue
Vista de la Terraza
Multifamily Housing
$607,000
$960,000
Milestone Housing
200 Casentini Street
200 Casentini Street Apartments
Multifamily Housing
$7,250,000
$3,837,000
CHISPA
376 E. Alvin Drive
St. George Apartments
Senior Housing
$4,000,000
$2,372,699
Eden Housing
855 East Laurel Street
855 East Laurel Phase 1
Farmworker Housing
$4,124,000
$0
RHCB
300 Monterey Street
Salinas Modular
Multifamily Housing / PSH
$2,000,000
$0
City of Salinas
37 and 39 Soledad St
Republic Café
Multifamily Housing
$2,000,000
$1,290,521
Totals
$19,981,000
$8,460,220
CEQA Consideration
The City of Salinas has determined that the proposed action (Substantial Amendment) is not a project as defined by the California Environmental Quality Act (CEQA) (CEQA Guidelines Section 15378). Any subsequent discretionary projects resulting from this action will be assessed for CEQA and NEPA applicability.
Strategic Plan Initiative
#2 Housing, #3 Infrastructure, #6 Youth and Seniors
Fiscal and Sustainability Impact
No General Fund Impact
All projects will be funded through federal and state funding
Recommended Motion
A City Council Resolution authorizing:
1. The preliminary award of $8,460,220 in Local Housing Trust Fund, HOME Partnership Investment Program, HOME – Community Housing Development Organization Set-Aside, Permanent Local Housing Allocation, and Community Development Block Grant funding to the following applicants under the Fiscal Year 2025-2026 Notice of Funding Availability:
CHISPA – Rehabilitation Vista de la Terraza: $960,000
Milestone Housing – New Construction at 200 Casentini Street: $3,837,000 CHISPA – New Construction of Saint George Apartments at 376 E. Alvin Dr.: $2,372,699
2. Allocation of $1,290,521 in Local Housing Trust Fund to the Republic Café, located at 37 & 39 Soledad St., for the rehabilitation and stabilization; and
3. The City Manager, or designee, to negotiate and execute all applicable forms, conditional commitments, agreements and related documents, grant-related documents, and subsequent amendments as needed.
Questions?
For more information, contact the CDD Housing Division at (831) 758-7334
https://www.cityofsalinas.org/Your-Government/Departments/Community-Development