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About CADAOur Vision Our Mission 2) Contribute to the vibrancy and diversity of the Sacramento Central City by being a standard-setter for affordable mixed-income and mixed-use property development and management. Our Values Our Mandates The 1977 Capitol Area Plan is a mixed-use plan for the management, development and disposition of state-owned property located directly south and east of the State Capitol and Capitol Park in the City of Sacramento. View a map (36 KB)* of the CADA Redevelopment Project Area versus the Capitol Plan Area. CADA has been specifically designated by the State and City to implement the housing and support retail goals of the Capitol Area Plan. The Capitol Area Plan legislation sets a population goal of 3,500 residents living in housing built for a variety of incomes. Additional legislation, enacted in 1978, requires that CADA maintain 25 percent of its units at affordable rents for low income households and provides CADA the powers of a redevelopment agency for the Capitol Area Redevelopment Project Area. In 2002, the passage of Senate Bill 1460 expanded CADA's redevelopment boundaries to include a key section of the R Street Corridor, an obsolete warehouse and industrial district in the downtown area. The purpose of this expansion is to address blight and accelerate the pace of investment and redevelopment along the southern border of the Capitol Area between 10th and 19th Streets. Redevelopment of this blighted area will enhance the Capitol Park Neighborhood and serve as an opportunity for transit-oriented development in proximity to the 12th and 16th Street light rail station. In implementing a redevelopment plan for the R Street Area that furthers the objectives of the Capitol Area Plan, CADA's initial focus will be to assess the area's infrastructure and develop an infrastructure-financing plan. At least 30 percent of the housing units developed by CADA within the R Street Area shall be affordable to very low-income households. At least 15 percent of all units developed by public or private entities other than CADA within the R Street Area shall be affordable for low or moderate-income households. Of these R Street units, at least 40 percent shall be affordable to very low-income households.
Our Stakeholders External Stakeholders Internal Stakeholders * For best viewing and printing results, this document has been posted in PDF format. Click here to download the Adobe Acrobat Reader. |
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1522 14th Street :: Sacramento, CA
95814-5958 :: 916.322.2114 :: © 2007
CADA |