Grand Opening at Delaware Pacific, a Development of MidPen Housing
May 9, 2014 — San Mateo, CA — On Friday, May 9th, California State Senator Jerry Hill, San Mateo County Supervisor Carole Groom and San Mateo Mayor Robert Ross will join other city and county leaders to celebrate the Grand Opening of Delaware Pacific, an affordable rental apartment community developed by MidPen Housing. Property tours begin at 11:00am and the ceremony begins at 11:30am at 1990 S. Delaware Street in San Mateo.
Delaware Pacific responds to the tremendous need for affordable workforce housing in San Mateo County which is tied for the #1 most expensive housing market in the entire United States. As evidence of this need, Delaware Pacific received over 2,300 applications for 60 apartments.
“I have a full-time job with benefits but for years, we were always one paycheck away from homelessness,” said Vannessa Kamerschen, a single mother, who lives at Delaware Pacific with her daughter and works for Starbucks. “In fact, we lived in a shelter for a few months during a particularly challenging period. You’re in survival mode living that way. Now I have a beautiful home for my daughter and the opportunity to plan for our futures. I’m even going back to school. I’m so grateful!”
On a formerly vacant site that once housed the San Mateo Police Station, Delaware Pacific is now home to 60 working individuals and families like Vannessa’s. The community includes a children’s outdoor play area, an after-school program classroom, a computer lab and a large multi-purpose room with a full kitchen for community meetings and other gatherings.
“With such close proximity to the Hayward Park Caltrain station and within walking distance of many stores, restaurants and other businesses, Delaware Pacific achieves our vision of creating attractive, high-quality, transit-oriented development that is well integrated with the surrounding community,” said San Mateo Mayor Robert Ross. “Moreover, we are able to house working families who are integral to our city but were at risk of being displaced due to the high cost of housing here.”
“Housing that’s affordable to our workforce is a business imperative for California and critical to our region’s economic health and development,” said State Senator Jerry Hill, who is a resident of San Mateo and a former Mayor of the city. “Delaware Pacific provides homes that working families can afford near public transportation that they need. This is exactly the kind of smart growth our state requires to stay competitive.”
Delaware Pacific shares a building podium with a market rate developer who plans to build moderate-income housing next door. Both sites were designed by the same architect and will look identical, sharing a common courtyard.
“We applaud the City of San Mateo’s vision to revitalize this integral part of their city through attractive, high-density, mixed-income development,” said Matthew O. Franklin, President of MidPen Housing. “With new market rate housing just down the street and moderate-income housing immediately adjacent, Delaware Pacific provides an excellent example of how best to house workers with a broad spectrum of incomes.”
Delaware Pacific employs several environmentally sustainable building practices which enabled it to achieve a 176 GreenPoint Rating and exceed Title 24 standards by 35%. Measures to reduce energy usage include solar photovoltaic and domestic hot water heating, ENERGY STAR appliances and lighting, high-efficiency plumbing, extremely high-efficiency windows for an efficient building envelope, and bay friendly, drought-resistant landscaping.
Delaware Pacific provides 18 one-bedroom, 22 two-bedroom and 20 three-bedroom apartments which serve households with incomes no greater than 50% of Area Median Income which is $52,750 for a family of four. Rents range from $520 for the least expensive one-bedroom unit to $1,257 for the most expensive three-bedroom unit.
In partnership with a network of service providers, MidPen Resident Services manages many onsite supportive services including financial literacy courses, wellness programs, vocational development and academically-based youth after school programs, and computer assistance. MidPen Property Management provides professional, onsite property management.
Financing for the $23.3 million community was provided by the City of San Mateo, the County of San Mateo Department of Housing, Housing Authority of the County of SanMateo, CalHFA, Sobrato Foundation, Federal Home Loan Bank of San Francisco and Union Bank.