Governor Signs Senate Bill 481 Allowing Sacramento to Build Affordable Housing and Clean Up Area Along Stockton Blvd.
SACRAMENTO, CA –Senate Bill 481, authored by Dr. Richard Pan and supported by a coalition of community partners allowing the City of Sacramento to unite and develop the parcels of land located on the site of the old San Juan Motel on Stockton Boulevard, was signed by the Governor.
“It was great to see so many groups and individuals come together with a creative solution that both addresses housing needs and fixes a blighted area of our community,” said Dr. Richard Pan, State Senator representing the Sacramento region. “The vacant lot is a great location for infill affordable housing along a transit corridor, and I was thrilled to be able to work with so many community partners to make it a reality.”
In 2008, the Sacramento Housing Redevelopment Agency acquired the San Juan Motel and Mobile Home Park (San Juan Motel), and the adjacent vacant parcel (formerly the Park Villa Victoria Motel.) The goal of the acquisition was to eliminate the blight that resulted from the vacancy of the San Juan Motel. However, the several parcels in the area are split up between the City and the County and too small to develop on their own.
Working with Councilmember Eric Guerra, the City of Sacramento, and Sacramento County, SB 481 allows the City to unite the parcels to build affordable housing.
"I was proud to work with Senator Richard Pan to help revitalize Stockton Boulevard and build much-needed affordable housing,” said Councilmember Eric Guerra.
Specifically, the bill allows the County of Sacramento to transfer the land to the City of Sacramento for less than market value, as long as it is used for low-income housing.
Last year, median rent in Sacramento rose faster than any other metropolitan area in California, and studies show that the state will need from 1.8 million to 3.5 million new homes by 2025 just to keep up with existing demand and expected growth.
# # #