For local nonprofit Mutual Housing California, the recent allocation of nearly $10.8 million in tax credits means that the organization can move forward on the positive net energy phase of Mutual Housing at Spring Lake in Woodland.
Like the first phase, the second phase of the community on Farmers Central Road will be built as year-round affordable housing for agricultural workers and their families, according to Dell Richards of Dell Richards Publicity.
The recent funding from California State Treasurer John Chiang’s office is the last piece of the financing puzzle that the Sacramento-based developer has been waiting for.
“Securing funding for affordable housing is extremely challenging,” said Rachel Iskow, Mutual Housing California chief executive officer. “We are relieved that funding has come through and that we can start construction on the positive net energy phase of the community.”
Mutual Housing received $3 million from the U.S. Department of Agriculture and $1.5 million from the city of Woodland for the development.
“Financial commitments from the City of Woodland and the USDA made it possible for us to obtain tax credits in this highly competitive program,” stated Iskow.
Few other rental developments nationwide use solar and achieve zero-net energy, much less positive net energy.
“Positive Net Energy” means that the community will create more energy than it uses through high-efficiency building methods and materials, solar panels, energy-saving appliances and technology in each home as well as resident participation in an energy-saving lifestyle, stated Richards.
Known as Mutual Housing at Spring Lake, the initial 61 apartments and town homes were the first multifamily rental development certified as zero-net energy in the nation by the U.S. Department of Energy.
The development also was the first LEED Platinum-certified homes for multifamily housing in Woodland.
In 2002, Mutual Housing became the first developer to install solar photovoltaic systems at a multi-family rental development in Sacramento County. All of its new developments produce solar energy.
Mutual Housing currently has solar energy on 12 of its 19 communities in Woodland, Sacramento and Davis.
The nonprofit also has used green building techniques while designing and constructing new developments and renovating all older ones.
In the process, they have tested and worked with new technology as part of the sustainable vision that is the core of its mission, Richards stated.
Construction on the second phase of Mutual Housing at Spring Lake should start early next year and be completed by early 2019.
Founded in 1988, Mutual Housing California develops, operates and advocates for sustainable housing for the diversity of the region’s households.
A member of NeighborWorks America — a congressionally chartered nonprofit organization that supports community development nationwide — Mutual Housing has more than 3,200 residents, nearly half of whom are children.
Nonprofit Moves Forward on New ‘Net Energy’ Housing in Woodland, by Democrat staff, Woodland Daily Democrat, October 5, 2017.