ApprovedOther
Drake Avenue Apartments and Shoreline Apartments bond financing
Description
The board approved $40 million in tax-exempt conduit bonds to finance or refinance 74 units of multifamily affordable rental housing across two apartment complexes.
Impact summary
Keeps 74 apartment units in the affordable rental stock in Marin City and Mill Valley; no cost to county taxpayers.
Applicant
- Name
- Marin County Pacific Associates LP (Developer: Pacific West Communities)
- Address
- 825 Drake Avenue, Marin City; 150 Shoreline Highway, Mill Valley
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote · Board of Supervisors
Approved5–0, unanimous
Last discussed Jan 27, 2026.
Meeting timeline (1)
Related issues (1)
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