By Theresa Clift
SACRAMENTO, Calif – A developer has filed plans with the city of Sacramento to build a large housing development in North Sacramento.
The project would be built on a vacant 30-acre lot at Rio Linda Boulevard and Main Avenue, just north of Futures High School.
Denver-based The True Life Companies plans to construct 147 single-family detached homes that would be for sale in 2023, said Aidan Barry, executive vice president of the firm.
The houses will be market rate, but attainable, likely costing between roughly $500,000 and $600,000, though that could change based on the market, Barry said. The houses will have three or four bedrooms, and two or two and a half baths.
To meet the need, a whopping 45,580 new housing units are needed in the city by 2029, according to a state-mandated report. …
City Councilman Sean Loloee, who represents the area, said he supports the project.
“The developer has met with the community association to get some feedback and to listen to any concerns the community might have,” Loloee said in a text message. “It is my understanding there is going to be additional meetings with the community to make sure this new addition will complement the existing community. Very happy that the developer understands the importance of community engagement. Great addition to our district.”
Read the full Sac Bee article here.