California Construction News staff writer
The Sacramento City Council on Tuesday approved $3.3 million in funding for a mixed-use affordable housing project with 241 units on State excess property at 805 R Street.
The Monarch Project, a five-story affordable housing development led by the Capitol Area Development Authority and Mutual Housing California, will transform a former State of California storage warehouse into housing within the R Street Corridor in downtown Sacramento.
“The Monarch Project expands affordable housing in Sacramento while bringing new economic and creative opportunities to the R Street Corridor,” added the City’s Housing Manager Ya-yin Isle.
In addition to housing, the project will include 3,428 square feet of commercial space for art-related or neighborhood-serving businesses and 16,369 square feet of private and public outdoor areas.
“The Monarch Project is an important step in addressing Sacramento’s housing needs, creating safe and stable homes while contributing to the vibrancy of the R Street Corridor,” said Councilmember Phil Pluckebaum, who represents the district. “I’m proud to support this investment in affordable housing. Turning underutilized land into a thriving, mixed-use development is essential to building a stronger, more inclusive community.”
Planned amenities include an exercise studio, event courtyard, private resident courtyard, small corner plaza, laundry rooms on each floor, bicycle racks, and vehicle parking at the ground level.
The City’s investment will support predevelopment and construction costs for the project, including $3 million from the American Rescue Plan Act (ARPA) and $300,000 in State Homeless Housing, Assistance, and Prevention Round 4 (HHAP-4) funds.
The development is expected to be completed in spring 2027, with marketing efforts focused on local Sacramento artists in need of affordable housing.
