Our Vision Marin will be a more economically vibrant, environmentally sustainable & socially balanced community when those who work here can live here.
Warner Creek Senior Housing
Warner Creek Senior Housing
MWHT extended funding for predevelopment expenses to Eden Housing for the construction of Warner Creek Senior Housing in Novato, providing 60 apartments for low-income adults 55 and older and one manager's unit. The Trust's financing of this project affirms its commitment to older adults, a vital component of the workforce in Marin.
- Developer
- Eden Housing
Pre-development loan
283,210
283,210
Leveraged
23,400,000
23,400,000
Home for 60 or more adults
60 apartments
serving VERY low income-
50% or less AMI
In this challenging economy, low income seniors are among the hardest hit. Creating affordable senior housing in Marin is a growing need for a population that is aging and wishes to remain in the County.