FY 2025-2026 NOFA Multifamily Housing Projects Update
October 20, 2026
Housing and Land Use Committee
Francisco Brambila, Management Analyst
Discussion
The City released a Multifamily Housing Notice of Funding Availability (NOFA) on June 24, 2025, for approximately $8 million.
Five proposals were received totaling $17.98 million.
Four projects were proposed for funding.
On October 21, 2025, HLUC recommended moving forward to City Council staff’s recommendations.
On November 18, 2025, City Council approved staff recommendations.
NOFA Projects
Developer
Project Name
Project Address
Housing Types
Funding Committed
CHISPA
Rehabilitation of Vista de la Terraza
165-177 Carr Avenue
Multifamily Housing
$960,000
CHISPA
Saint George Apartments
376 E. Alvin Drive
Senior Housing
$2,372,699
HACM & Milestone Housing
200 Casentini Street Apartments
200 Casentini Street
Multifamily Housing
$3,837,000
City of Salinas
Republic Café
37 and 39 Soledad St
Multifamily Housing
$1,290,521
Totals
$8,460,220
Vista de la Terraza Apartments
Address: 165-177 Carr Avenue
Project Description: Rehabilitation of 40 units -100% affordable Agency: CHISPA
City’s Contribution: $960,000
CDBG: $400,000
HOME: $560,000
Total Estimated Cost: $960,000
Status: HUD Approval of NEPA & AUGF
Next Steps: Finalizing covenant documents
Est. Construction Start: Dec. 2026 to Jan. 2027
Construction Timeframe: 9 months
St. George Apartments
Address: 376 E. Alvin Drive
Project Description: New Construction of 36-units, 100% affordable, senior apartment complex Agency: CHISPA
City’s Contribution: $3,017,699
LHTF: $1,432,000
HOME: $397,000
PLHA: $1,188,699 (includes $645,000 for acquisition)
Total Estimated Cost: $28,650,954
Status: Land entitlement complete, CHISPA to apply for LIHTC funding Next Steps: Finalizing NEPA, covenant documents, CHISPA to secure all funding Est. Construction Start: Sep to Nov 2027
Construction Timeframe: Two years
Casentini Street Family Apartments
Address: 200 Casentini Street
Project Description: New construction of 88-unit, 100% affordable multifamily housing development, including a daycare center facility Agency: Housing Authority for County of Monterey & Milestone Housing Group City’s Contribution: $3,837,000
LHTF: $570,000
HOME: $3,267,000
Total Estimated Cost: $59,971,302
Status: Land use entitlement complete, LIHTC funding application submitted Next Steps: Finalizing covenant documents and NEPA
Est. Construction Start: Jun to Aug 2027
Construction Timeframe: Two years
Republic Café
Address: 37 & 39 Soledad Street
Project Description: Rehabilitation of the building to move-in ready and preserve historical significance for future museum Agency: Pending selection from RFP to be released by end of 2026 City’s Contribution: $1,290,521 from LHTF
Total Estimated Cost: $8-10 million
Status: Emergency cleanup and weatherproofing complete. Construction plans and building permit for Phase 1, which include building stabilization and health and safety improvements, are complete.
Next Steps: Identify $3 million in funding for Phase 1
Est. Construction Start: March to August 2027
Construction Timeframe: 12 months for Phase 1
Recommended Motion
No action is required. This Report is an administrative update on housing development projects awarded under the FY 2025-26 MultiFamily NOFA.
Questions?
For more information, contact the CDD Housing Division at (831) 758-7334
https://www.cityofsalinas.org/Your-Government/Departments/Community-Development