San Mateo County supervisors have approved more than $41 million to help build nine affordable housing developments across eight cities, aiming to ease the region’s housing affordability crisis.
The funding, announced last week, will support at least 636 new affordable units in Belmont, Daly City, Half Moon Bay, Menlo Park, East Palo Alto, South San Francisco, Moss Beach and North Fair Oaks. The projects will serve low-income families, older adults, people experiencing homelessness, farmworkers, first-time homeowners and individuals with disabilities, the county said.
Most of the money — about $37 million — comes from Measure K, a voter-approved half-cent sales tax. Additional funding will come from the state, with money from the Mental Health Services Act and Homeless Housing Assistance