The developer behind Meridian, an affordable housing project planned for a site next to the forthcoming Petaluma North SMART train station, announced it received $20 million from a statewide funding initiative. Housing for the site located next to the planned train station at Corona Road and North McDowell Boulevard has been in talks for at least six years. Units will be targeted to families and individuals earning between 20% and 60% of the area’s median household income, which in Petaluma is around $100,000 per year.
Developer Gets $20-Million from State for Housing Near Petaluma SMART Station
