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A developer is planning to build a 73-unit affordable housing apartment complex at 8370 Power Inn Road in south Sacramento.<\/p>\n
LPAS<\/p>\n
Update: Supervisors unanimously approved the financing deal, 5-0.<\/p>\n
Original story:<\/p>\n
A developer plans to build a five-story affordable apartment complex on a vacant lot in south Sacramento.<\/p>\n
The 73-unit project, which the Sacramento County Board of Supervisors will consider financing Tuesday, is planned for a vacant lot at 8370 Power Inn Road. The lot is in the unincorporated area of south Sacramento, just south of Calvine Road and about 400 feet from the city of Elk Grove\u2019s northern limit.<\/p>\n
The developer, Berkeley-based RCD Housing, plans to finance the project with $54.7 million, mostly from federal and state loans and grants, which would need approval from supervisors, according to the county staff report.<\/a><\/p>\n To apply to live in the new apartments, tenants will need to earn between 30% and 60% of area median income. For the current year in the Sacramento region, that\u2019s a salary range of between $23,365 and $50,730 for an individual living alone, according to a state web page.<\/a><\/p>\n The project will cost about $749,000 per unit to build, according to the staff report. The developer is charging a developer fee of $4.8 million.<\/p>\n It\u2019s common for income-restricted affordable housing to cost between $500,000 and $800,000 per unit to build in Sacramento \u2014 something Mayor Kevin McCarty has criticized for projects within the city.<\/a><\/p>\n The Power Inn Road complex would include 30 one-bedrooms, 23 two-bedrooms and 20 three-bedrooms, the report said. It would also include 86 \u201ctuck under\u201d and surface parking spaces, as well as a community room, fitness center and playground.<\/p>\n LifeSteps will offer after-school programming and other services on the property, according to the report.<\/p>\n The Board of Supervisors will consider financing the project during its board meeting beginning at 9:30 a.m.<\/p>\n This story was originally published February 10, 2026 at 5:00 AM.<\/p>\n Related Stories from Sacramento Bee<\/p>\n
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