Monarch is a mixed-use affordable housing development for Sacramento’s artist community. The five-story building will be composed of 241 affordable housing units and 3,428 square feet of ground floor commercial space. Thirty units will be reserved for households exiting homelessness or at risk of experiencing homelessness.
Located on Sacramento’s dynamic R Street Corridor, the project maintains the historic industrial style that characterizes R Street and will provide access to myriad options for dining, shopping, and entertainment as soon as residents step outside the door. Just a few blocks from the Capitol Area Community Development Corporation’s (CACDC, CADA’s nonprofit arm) and CFY’s Warehouse Artist Lofts (WAL), Monarch represents a continuation of CADA’s effort to bring creative minds to the already vibrant area and encourage artistic collaboration.
This is CACDC’s second project under Executive Order N-06-19, which prioritizes affordable housing development on excess state-owned land, replacing a Department of General Services warehouse. Monarch is a collaboration between CACDC and Mutual Housing California, which will manage the property upon completion.
Location: North side of R Street, between 8th and 9th Streets
Unit Mix:
| Studio | 1-Bedroom | 2-Bedroom | 3-Bedroom | Total Units | |
| 30% AMI | 17 | 7 | – | – | 24 |
| 50% AMI | 25 | 44 | 6 | – | 75 |
| 60% AMI | 39 | 64 | 9 | – | 112 |
| 70% AMI | 1 | 21 | 6 | – | 28 |
| Mgr unit | – | – | 1 | 1 | 2 |
| TOTAL | 82 | 136 | 22 | 1 | 241 |
Retail Space: 3,428 square feet ground floor
Site Amenities: exercise studio, event courtyard, small corner plaza, patio decks for the street level live/work units, private resident courtyard, resident multi-purpose room, laundry rooms on each floor
Developer: Mutual Housing California & CACDC
Architect: Kuchman Architects PC
General Contractor: Sunseri Construction, Inc.
Sustainability: 100% electric
Estimated Total Development Costs: $110 million
Projected Construction Period: March 2024 – Spring 2027
