Madison Street Affordable Housing Project
Monterey
Description
The council approved a $1.5 million housing-asset-fund loan to MidPen Housing's 42-unit affordable project behind City Hall, which broke through financing with a $30 million state award and starts construction this fall.
Impact summary
42 affordable units plus a public playground and a city parking lot behind City Hall, with units set aside for MPUSD families in precarious housing; construction complete by early 2028.
Applicant
- Name
- MP Madison Street Associates, L.P. (MidPen Housing)
- Address
- 587 and 593 Van Buren Street; 424 and 450 Madison Street; area behind 546 Dutra Street, Monterey, CA
At a glance
- Hearings
- 1
- Public comments
- 3
- Total mentions
- 1
Last vote · City Council
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Meeting timeline (1)
Related issues (1)
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