Our Vision Marin will be a more economically vibrant, environmentally sustainable & socially balanced community when those who work here can live here.
Shelter Hill Mill Valley
Shelter Hill Mill Valley
MWHT provided predevelopment funds to EAH Housing for the rehabilitation and preservation of Shelter Hill, 75 apartments in Mill Valley. The rehabilitation will ensure that Shelter Hill will remain affordable to low income families for generations to come. EAH is making substantial improvements to the property that will improve its energy efficiency as well as the quality of life of the current residents.
- Developer
- EAH Housing
Pre-development loan
231,593
231,593
Leveraged
22,000,000
22,000,000
Homes for 151 People
41 apartments
extremely low income-30% or less AMI
10 apartments
very low income-50% or less AMI
5 apartments
low income-60% or less AMI
Predevelopment funds from Marin Workforce Housing Trust provided an integral part of the overall financing plan that will allow EAH Housing to make substantial investments in energy efficiency as well as improve the quality of life for the existing residents.