Marin County officials say the nonprofit developers behind a new affordable housing project in Point Reyes Station may soon receive a nearly nine-and-a-half million dollar financial boost from the county.
The Marin County Supervisors is set to vote tomorrow (Tuesday) to approve the loan to support the transformation of the former U.S. Coast Guard housing complex into 54 affordable homes.
The property has been vacant since 2014. Officials say the project includes 36 townhomes and a 24-room barracks that will be remodeled to offer rental units ranging from one to four bedrooms.
The housing will serve seniors, families, and local workers, including agricultural workers, addressing a severe shortage of workforce housing in West Marin.