Mutual Housing needed a City of Davis $8.4 subsidy to build 69 affordable units and affirms that Village Farms can do 360 affordable units with just $6 million from the developer. The math destroys their own claim. (See City staff memo below)
Mutual Housing needed an $8.4 million subsidy from the city to get a 69-unit project built in South Davis. The same format applied to the 360 units affordable units at Village Farms would need a city subsidy of $44,005,518.25. And the developer is putting in $6 million and Mutual Housing affirms that it will work. Can it, do the math?
On May 29, 2026, Mutual Housing of California wrote an OpEd in favor of the Affordable Housing at Village Farms entitled “We Know What it Takes.” They do, but it is their reality that is the opposite of what they say is in their OpEd…