The PG&E California Multifamily New Homes (CMFNH) program strives to support affordable housing projects to ensure tenants will have lower utility bills and experience a more comfortable living environment. Affordable Housing Finance recently featured MidPen Housing Corporation’s project, Fetters Apartments, in an online article highlighting the project’s grand opening just three months after escaping devastation during some of the worst wildfires in state history. While the property did evacuate residents, all returned to their homes after the fires.
Sonoma County, California is an area with a high need for affordable housing, and 90% of the applicants for the complex all worked in the area. Fetters Apartments is the first phase of a master development, and enrolled in CMFNH at modeled savings 18.5% better than 2013 Title 24 code. The project has 60 units, all equipped with high efficiency heat pumps for space heating & cooling and a highly efficient central gas domestic hot water system. Additionally, a solar thermal system capable of supplying 70% of the site’s annual hot water requirement for free, was also installed. Phase 2, Celestina Garden Apartments, has also enrolled in the program and is expected to achieve modeled savings of 18.9% better than 2013 Title 24 code.
To read more about Fetters Apartments in Affordable Housing Finance, please follow this link.