CMFA & Affirmed Housing Group Partner to Preserve Affordable Housing in Half Moon Bay, CA
Built on former agricultural land along Main Street in downtown Half Moon Bay, Main Street Park consists of 36 affordable family units. Originally constructed in 1996, MidPen Housing sought the help of the CMFA when it came time to restructure and rehabilitate the property to its former glory. Main Street Park maintains the charming, small-town feel of Main Street with front porches and traditional coastal architectural details like “shiplap” siding. At the center of the site is a small public park with a play structure and open space. The rehabilitation will include replacement of siding, windows, stair railings and window trim, site lighting and upgrades to older furnaces and hot water heaters in order to improve energy performance. The use of tax-exempt bond financing will ensure that low-income families in Half Moon Bay, CA will have affordable housing for the next 55 years.