It’s that special time of year on Capitol Mall and Old Sacramento, Christmas lights are up inviting people to walk a few blocks and the Capitol Christmas Trees decked out in all its splendor. Over the last several years, it appears as if more lights have gone up to enrich the overall experience as an inviting destination to visit and enjoy. The Wells Fargo Center has done a fantastic job with a beautiful tree in the lobby and twinkling lights inside and out. Merry Christmas!  

“Seventh & H" SRO - 7th & H Street, $47.4 million project. Expected completion date, Spring 2013 626 I Street Rehabilitation Project - $19.4 million. Expected completion date, Sept. 2012 La Valentina Station - 12th Street between D and E streets, $27 million project. Expected completion date, summer 2012. Sutter Medical Center - L & 29th Street, $600 million project. Expected completion date, late 2012. Read more at: http://livinginurbansac.blogspot.com/  

Sutter Medical Center L & 29th Street, $600 million project. Expected completion date, late 2012. La Valentina Station 12th Street between D and E streets. $27 million project. Expected completion date, summer 2012. Maydestone Apartments Corner of J & 15th Street. $7.2 million renovation. Expected completion date, February 1, 2012. “Seventh & H" SRO 7th & H Street. $47.4 million project. Expected completion date, Spring 2013. DMV Headquarters Upgrade 2415 1st Avenue $127 million renovation, 13-year renovation so far. Expected completion date, who knows??? 626 I Street Rehabilitation Project $19.4 million. Expected completion date, Sept. 2012

This $47 million projects planned for the northwest corner of 7th & H Street has now received all needed entitlements and necessary financing to move forward with construction anticipated for March 2011. The project will be funded with $25 million in 9 percent Low Income Housing Tax Credits, $8,200,000 loan funded by Home Investment Partnership Program, a $6,859,695 capitol grant and $3,750,000 operating grant funded by Downtown Low Moderate Tax Increment Funds, and a land grant for the acquisition, construction and permanent financing of the 7th & H Project. Developer and owner Mercy Housing California is a non-profit corporation dedicated to providing quality affordable housing with

The Maydestone apartments are finally getting the rehab that we have been hearing about since 2006. Built in 1912 and continually having tenants until 2003 because of a fire, in 2009 Sacramento developer D&S Development took over an option to purchase the historic 34 room building. On the southeast corner of 15th and J, the Maydestone apartments have been vacant for five years and underutilized for decades. The $7.2 million renovation should be finish in late 2011 and clean up a busy corner on J Street. SHRA will contribute $4.57 million of low-moderate housing set aside funds. $2.29 million in the form of a 30-year forgivable loan (loan forgiveness based on performance) for seismic and hi