Leasing Process to Begin at New Affordable Housing Complex in Railroad Square

The John Stewart Company, developers of The Stewart Cannery at Railroad Square, is beginning the process to lease the complex's affordable housing units to eligible residents. The new, 100% affordable apartment complex is one of the largest planned communities in Santa Rosa on 5.4 acres alongside the Santa Rosa Creek in the historic Railroad district in downtown Santa Rosa. It consists of 128 units of affordable housing for families and individuals earning between 30% to 80% of Area Median Income (AMI), and 25% of the units set aside for residents experiencing homelessness with on-site wraparound services provided. The six-story building is adjacent to the SMART commuter train, and walking distance to the shopping mall, restaurants, hotels, and shops. The development will have a computer lab, community room, on-site laundry, two courtyards and a children's play area. Construction is expected to be completed late this year, and residents will begin moving in soon thereafter. Rents at the new studios and one- and two-bedroom apartments will range from $674 to $2,215 per month depending on income qualifications.

Visit https://www.stewartscannery.com for more information and to sign up for the interest list.*
*Click on the link above, which will take you to The Stewart Cannery website. Then, click on the orange button labeled "Join Interested List" in the upper right corner of the webpage.

Background Information

Development of The Stewart Cannery at Railroad Square was made possible through state, local and private funding, including a $57 million loan through the California Housing Accelerator program, $10.3 million in Community Development Block Grant Disaster Relief (CDBG-DR) funds aimed at helping Santa Rosa rebuild its housing stock after the 2017 Tubbs Fire, a $3.2 million state infill development grant, $450,000 in predevelopment funding, and 33 Project-Based Vouchers from the City's Housing Authority, in addition to private financing.

The opening of The Stewart Cannery brings the City close to completing its list of five affordable housing projects financed in-part through $38 million in CDBG-DR funds administered by the Santa Rosa Housing Authority. Three projects have been completed, including Laurel at Perennial Park Phase I (on the site of the former Journey's End Mobile Home Park), Caritas Homes Phase I in Downtown Santa Rosa, and Linda Tunis Senior Apartments in Rincon Valley. The fifth and final outstanding project, Burbank Avenue Apartments in Roseland, is under construction and slated to open next summer. In total, the five CDBG-DR projects upon completion will have added 377 units of affordable housing to the City's portfolio of affordable housing units.